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India Set To Overcome Worst Cash Crunch On RBI Steps
Hindustan Times Lucknow
|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.
यह कहानी Hindustan Times Lucknow के March 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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