Tag: banking liquidity
Posted in Economy
RBI injects ₹6,956 crore as liquidity turns to deficit
Mumbai: After running surplus liquidity of about ₹1.4 lakh crore for over two months, the banking system saw a decline in cash, prompting the Reserve…
Posted in Economy
WACR climbs to 6.69% amid banking system liquidity deficit
The weighted average call rate, which indicates banks’ overnight cost of borrowing, closed at 6.69% on Thursday, 19 basis point higher than the Reserve Bank…
Posted in Economy
Surplus liquidity shows govt’s foot on spending pedal
Mumbai: A rebound in government expenditure is evident from a build-up of surplus liquidity conditions in the banking sector, as the Centre loosens its purse…