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Banking system liquidity bounces back to surplus after three weeks
The banking system liquidity bounced back to surplus mode after three weeks, the Reserve Bank of India (RBI) data showed. Illustration: Dominic Xavier/Rediff.com This was due to government......
Run-up to RBI monetary policy review: Expect another hawkish pause
The surge in the headline CPI inflation has expectedly proved to be transient. The print had cooled off to 6.8 per cent in August 2023 from the 15-month high of 7.4 per cent in July. Photograph:......
Banking liquidity deficit highest in over 3 years
The banking system neared Rs 1.47 trillion of liquidity deficit on Monday, the highest since January 29, 2020, when the banking system liquidity deficit went up to Rs 3 trillion. Illustration:......
25-bp deposit rate hike likely this festival season
The Reserve Bank of India’s (RBI’s) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. Illustration: Uttam......
Can RBI Win The War On Inflation?
'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.''But if there is continued inflation, it means liquidity is aggravating......
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