Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 22, 2022

Banking System Liquidity Slips Into Deficit: RBI

The banking system liquidity has slipped into deficit for the first time in nearly 40 months, according to the Reserve Bank of India.

Banking System Liquidity Slips Into Deficit: RBI
None

The banking system liquidity has slipped into deficit for the first time in nearly 40 months, according to the Reserve Bank of India.

The RBI infused Rs 218 billion ($2.73 billion) into banking system on Tuesday, the biggest since May 2019.

Overnight rates continue to stay elevated, with one-day call money rate jumping to 5.85%, highest since July 2019.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source