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India Set To Overcome Worst Cash Crunch On RBI Steps
Hindustan Times Gurugram
|March 08, 2025
India is heading toward plugging one of the worst-ever liquidity deficits in the financial system, following aggressive steps by the central bank to inject cash.
The liquidity shortfall, measured through lenders' borrowings from the central bank, has eased to ₹79,300 crore ($9 billion) as of March 6, from a nearly 15-year high of ₹3.3 lakh crore in late January, a Bloomberg Economics index showed.
Much of the shrinkage was driven by the Reserve Bank of India as its measures since end-January will take the cash infusion to about $68 billion. Improving cash conditions will help in better transmission of interest-rate cuts and support the economy as it heads for its slowest expansion in four years.
Esta historia es de la edición March 08, 2025 de Hindustan Times Gurugram.
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