Liquidity deficit in banking system to narrow this week on month-end govt spending
Currently, the liquidity in the banking system is estimated to be in deficit of Rs 2.42 lakh crore
Source: moneycontrol.com
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Currently, the liquidity in the banking system is estimated to be in deficit of Rs 2.42 lakh crore
The influx of foreign capital can boost investment and wealth but may also lead to a stronger national currency, undermining export competitiveness
RBI has been conducting various rate reverse repo auctions to suck out surplus liquidity after the withdrawal of the ₹2,000 notes amounting to ₹3.62 trillion and dividend payout by the RBI to the government of ₹87,416 crore.