alexa
 
Home News RBI may focus on squeezing excess liquidity in the system

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
RBI may focus on squeezing excess liquidity in the system

RBI may focus on squeezing excess liquidity in the system

Monday, April 3, 2017, 7:55 PM

The Reserve Bank of India (RBI) will focus on squeezing excess liquidity from the banking system in its monetary policy meeting on 5-6 April while keeping policy rates unchanged and retaining its neutral stance, according to a survey. The surge in cash deposits following demonetisation resulted in liquidity rising to Rs 4 trillion in March from Rs 2 trillion in January.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!