For the best experience use inshorts app on your smartphone
Banking sector liquidity in deficit for 1st time in 40 months: RBI
short by Ashley Paul / on 21 Sep 2022,Wednesday
India's banking sector liquidity has slipped into a deficit for the first time in 40 months, data from the Reserve Bank of India (RBI) showed. RBI infused ₹21,873 crore into the banking system on Tuesday, the highest since May 2019. The Centre is reportedly in no hurry to push inflation, which is near 7%, back to RBI's 4% medium-term target.
short by Ashley Paul / 07:11 pm on 21 Sep
For the best experience use inshorts app on your smartphone