Banking System: How RBI Plans to Absorb ₹11 Lakh Crore Surplus Liquidity and What It Means for Banks
India’s banking system is currently holding around ₹11 lakh crore in surplus liquidity. The Reserve Bank of India (RBI) is preparing to absorb this excess money from the system through a dollar-rupee swap mechanism. The move is aimed at managing liquidity conditions and preventing excessive cash from creating pressure on banks. Why Is RBI Absorbing … Read more