A section of the market sees further liquidity tightening measures from the RBI in the June review of the monetary policy
Topics
Banking system | Indian Economy | Reverse Repo Rate
Manojit Saha |
Last Updated at June 1, 2022 06:10 IST
Imaging: Ajay Mohanty
Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. It has fallen to pre-Covid levels and almost 2 per cent of banks’ net demand and time liabilities (NDTL).
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First Published: Wed, June 01 2022. 06:10 IST
