Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
System liquidity turns deficit for first time in FY26
Financial Express Mumbai
|September 24, 2025
AFTER REMAINING AT comfortable levels since April, the banking system liquidity fell to a deficit on Monday for the first time in the current financial year. This led the Reserve Bank of India (RBI) to step in with another ₹1 lakh crore variable rate repo (VRR) auction besides the scheduled one.
AFTER REMAINING AT comfortable levels since April, the banking system liquidity fell to a deficit on Monday for the first time in the current financial year. This led the Reserve Bank of India (RBI) to step in with another ₹1 lakh crore variable rate repo (VRR) auction besides the scheduled one.
System liquidity fell to a deficit of ₹31,987 crore on account of outflows related to goods and services tax (GST) and advance tax. The system liquidity surplus averaged around ₹2.84 lakh crore in August and ₹3.04 lakh crore in July.
This story is from the September 24, 2025 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
PNB Metlife ranked as best place of work for women
Workplace representation stalls at 26%
1 min
September 25, 2025
Financial Express Mumbai
Navi Mumbai airport leases 405 flats
NAVI MUMBAI INTERNATIONAL Airport (NMIAL), managed by Adani Airport Holdings, has leased 405 ready-to-move-in apartments at a residential complex in Panvel, Navi Mumbai.
1 min
September 25, 2025
Financial Express Mumbai
By 2030,ONGC aims to acquire 2.5-3 GW green energy assets
STATE-RUN OIL AND Natural Gas Corporation (ONGC) aims to acquire 2.5 GW to 3 GW of solar and wind projects by 2030, executive director Satyan Kumar said on Wednesday.
1 mins
September 25, 2025
Financial Express Mumbai
H-1B visa: The big opportunity?
INDIAN IT HAS prepared for unpredictable immigration challenges by consciously reducing reliance on H-1B visas by approximately 60% over the past few years.
3 mins
September 25, 2025
Financial Express Mumbai
LIC MF sees 300% jump in ‘Pocket SIP’ accounts
LIC MUTUAL FUND has recorded over 300% growth in ‘Pocket SIP’ accounts within a year of launch, fuelled by demand from first-time earners, millennials, and Gen Z investors accessing the product largely through fintech platforms.
1 min
September 25, 2025
Financial Express Mumbai
Snowflake strategises enterprise Al
AS ENTERPRISES STEP up investment in artificial intelligence (Al), data and cloud services provider Snowflake is betting on companies consolidating and governing their data as they embark on the next stage of digital transformation.
1 mins
September 25, 2025
Financial Express Mumbai
HSBC upgrades Indian equities to ‘overweight’
Sets Sensex target at 94,000 by end of 2026
1 mins
September 25, 2025
Financial Express Mumbai
‘HINDENBURG EPISODE AN INFLECTION POINT’ Will double down on infrastructure investment: Adani
HAILING SEBI'S \"RESOUNDING and unequivocal” dismissal of Hindenburg allegations against his conglomerate, Adani Group chairman Gautam Adani told shareholders on Wednesday that they will now focus on strengthening governance, accelerating innovation, and doubling down on nation building through infrastructure investments.
1 mins
September 25, 2025
Financial Express Mumbai
Transmission of rates for NBFCs may be impacted
THE TRANSMISSION OF repo rate cuts may not pass through effectively in non-bank financial companies (NBFCs) due to their higher cost of funds, according to a paper released by the RBI in its monthly bulletin.
1 min
September 25, 2025
Financial Express Mumbai
Kharif output under threat...
THE state's agriculture minister, said on Wednesday that rains this month have caused more losses by impacting crops in about 30 of the 36 districts.
1 mins
September 25, 2025
Listen
Translate
Change font size