FCNR flows to complicate liquidity management, lead RBI to deploy more tools: Economists
The Economic Times has reported a new India-focused economy development: “FCNR flows to complicate liquidity management, lead RBI to deploy more tools: Economists.” The publisher's feed describes the story as follows: Higher FCNR(B) inflows are complicating the Reserve Bank's liquidity management. The banking system currently holds excess liquidity at a four-year high. Economists anticipate the RBI will deploy additional tools to absorb surplus funds. These measures may include variable rate re
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