24.1 C
Indore
Monday, September 26, 2022
Home Business Banking System Liquidity Slips Into Deficit: RBI

Banking System Liquidity Slips Into Deficit: RBI


MUMBAI:

The banking system liquidity has slipped into deficit for the primary time in practically 40 months, in line with the Reserve Financial institution of India.

The RBI infused Rs 218 billion ($2.73 billion) into banking system on Tuesday, the most important since Could 2019.

In a single day charges proceed to remain elevated, with one-day name cash charge leaping to five.85%, highest since July 2019.

Most Popular

Oppo A17 With 50-Megapixel Main Camera, Leather-Feel Design Launched

Oppo A17 has been launched as the corporate's newest reasonably priced smartphone, and it has debuted in Malaysia.m The smartphone's USP is...

Startup FoF commits Rs 7,385 cr to 88 AIFs as of Sept 24: Govt

The federal government on Monday stated that the Fund of Funds for Startups (FFS), launched below Startup India initiative in 2016 with a...

Government Decides To Extend Foreign Trade Policy By 6 Months

<!-- -->The present International Commerce Coverage (FTP) was to finish on September 30.New Delhi: The federal government on Monday stated it has determined...

Uttarakhand Teen’s Autopsy Says Death Due To Drowning, 4-5 Injury Marks

<!-- -->The Uttarakhand teen was murdered allegedly by the lodge's proprietor, a BJP chief's sonNew Delhi: Ankit Bhandari, 19-year-old receptionist whose dying sparked...

Recent Comments