Try GOLD - Free
RBI pumps in ₹45 lakh crore liquidity since Dec
The New Indian Express Kochi
|February 20, 2025
Liquidity remains tight for banks as money borrowed via VRR auctions have to be returned on everyday basis to RBI
THE Reserve Bank has injected a whopping ₹45 lakh crore into the banking system since the December 6 monetary policy review when it slashed the cash reserve ratio by 50 bps to 4%, releasing ₹1.16 lakh crore into the system.
Of the total, more than ₹43 lakh crore of fresh liquidity has flown into the system between December 11 when the new governor Sanjay Malhotra assumed office and up to February 18, when the central bank pumped in another ₹1 lakh crore through the variable repo auction, which it launched on a daily basis from January 15. Malhotra's term began with two serious challenges--a bleeding rupee, which has seen its worst days under him, having sniffed at 88 to the dollar last week, and very tight liquidity conditions, which has been dogging the system since November.
This story is from the February 20, 2025 edition of The New Indian Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kochi
The New Indian Express Kochi
13 TOLL PLAZAS 50% of NH 66 work to be over by March
THE National Highways Authority of India (NHAI) is likely to complete the six-laning work on more than half of the 642-km NH-66 stretch across Kerala by March 2026, with four key stretches — covering about 145 km — expected to be opened to traffic by the end of this year, senior officials said.
1 min
October 11, 2025
The New Indian Express Kochi
TTK Prestige promoter TT Jagannathan dies at 77
TT Jagannathan (TTJ), chairman emeritus of kitchen appliance maker TTK Prestige Ltd, passed away in Bengaluru late on Thursday at 77.
1 min
October 11, 2025
The New Indian Express Kochi
MUNAMBAM LAND IS NOT WAQF PROPERTY, RULES HC
BRINGING relief to the residents of Munambam, the Kerala High Court has ruled that the land where around 600 families — primarily from fishing communities — reside is not waqf property.
1 mins
October 11, 2025
The New Indian Express Kochi
10 MP cops suspended over hawala money
TEN police personnel, including a woman sub-divisional police officer (SDPO), have been suspended for allegedly misappropriating ₹1.5 crore out of the ₹2.96 crore suspected hawala money in MP's Seoni district, officials said on Friday.
1 min
October 11, 2025
The New Indian Express Kochi
Vigilance report reveals 'theft' of more gold in Sabarimala
THE vigilance report submitted before the Kerala High Court has disclosed another misappropriation of gold in Sabarimala with regard to the plating of side frames/lintel of the sanctum sanctorum, similar to the ‘fraud’ in the gold plating in dwarapalaka idols.
1 mins
October 11, 2025
The New Indian Express Kochi
Potters race against time amid supply crunch
Dehradun's bustling Kumhar Mandi
2 mins
October 11, 2025
The New Indian Express Kochi
Star para athlete Simran’s guide Saifi provisionally suspended by NADA
IN a dramatic turn of event on Friday, Umar Saifi, guide of star para-athlete Simran Sharma, was included in the list of provisionally suspended athletes by the National Anti-Doping Agency, only a day ahead of the felicitation function organised to honour medal winners of the World Para Athletics Championships.
1 mins
October 11, 2025
The New Indian Express Kochi
IS IT TIME TO TALK ABOUT FIVE-BOWLER STRATEGY?
India's dependence on part-timers could hurt them vs stronger sides
3 mins
October 11, 2025
The New Indian Express Kochi
AVOID ENGAGING TEACHERS ON EXTENDED GOVT TASKS
THE Karnataka government's Socio Economic and Educational survey in progress across the state has deprioritised education.
1 mins
October 11, 2025
The New Indian Express Kochi
India upgrades Kabul mission to embassy
IN a recalibrated diplomatic strategy, India has officially upgraded its Technical Mission in Kabul toa full-fledged Embassy, the clearest sign yet of New Delhi's intent to deepen engagement with Afghanistan under Taliban rule.
1 min
October 11, 2025
Listen
Translate
Change font size