India's Bank Cash Surplus Shrinks as RBI Curbs Rupee Bets

India

What to know

  • The central bank has only offered limited relief. It has so far capped liquidity support at 1.5 trillion rupees, refraining from offering more funds on days when demand has exceeded the amount available.S1
  • Excess funds with lenders have shrunk from a high of 11 trillion rupees in early September to 462 billion rupees as of Oct. 26, according to a Bloomberg Economics index.S2
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India's Bank Cash Surplus Shrinks as RBI Curbs Rupee Bets

The central bank has only offered limited relief. It has so far capped liquidity support at 1.5 trillion rupees, refraining from offering more funds on days when demand has exceede…

6d Feedburner:ndtvprofit Latest

India's Record Bank Cash Surplus Fades As RBI Curbs Rupee Bets

Excess funds with lenders have shrunk from a high of 11 trillion rupees in early September to 462 billion rupees as of Oct. 26, according to a Bloomberg Economics index.

India's Bank Cash Surplus Shrinks as RBI Curbs Rupee Bets

2 outlets 2 reports

What to know

  • The central bank has only offered limited relief. It has so far capped liquidity support at 1.5 trillion rupees, refraining from offering more funds on days when demand has exceeded the amount available.S1
  • Excess funds with lenders have shrunk from a high of 11 trillion rupees in early September to 462 billion rupees as of Oct. 26, according to a Bloomberg Economics index.S2
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Sources · 2 citations