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Surplus liquidity crosses 11 lakh crore in money market - The Times of India
India Business News: MUMBAI: Surplus liquidity in India's money market has crossed Rs 11 lakh crore, leaving Reserve Bank of India to mop up an unusually large pool of cas.
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cryptobriefing.com
Reserve Bank of India uses currency swaps to drain record bank cash surplus
The Reserve Bank of India is using USD/INR sell-buy swaps to absorb a 9.7–15 trillion rupee liquidity surplus after a foreign deposit scheme
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economictimes.indiatimes.com
RBI uses currency swaps to cut $115 billion cash surplus
India's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system. The Reserve Bank of India sells…
