India’s banking system liquidity slips into deficit after 40 months

India's banking system liquidity slips into deficit after 40 months

India’s banking system liquidity slips into deficit after 40 months – India’s banking system liquidity has plunged into deficit for the first time in nearly 40 months, as per the Reserve Bank of India. The RBI invested 218 billion Indian rupees ($2.73 billion) into the banking system, which is the biggest investment since May 2019. … Read more