The Reserve Bank of India has announced measures to inject more than $23 billion, or around ₹1.9 lakh crore, into the banking system to ease tightening liquidity conditions. The move comes amid persistent cash shortages driven by foreign exchange interventions, tax outflows and strong credit
India’s banking system has recorded a surplus liquidity of ₹3.74 trillion as of July 2, marking the highest level seen since June 2022. According to Reserve Bank of India (RBI) data, the surplus is the result of a combination of government spending patterns and weak Goods and Services Tax (GST) collections, creating a temporary flush […]















