India's banking system liquidity deficit widened on Tuesday to the highest in nearly five years on monthly goods and services tax payments, but economists are hopeful the gap will narrow next week....
The liquidity deficit-the amount of funds banks need to borrow from the interbank market or from the central bank-stood at 1.74 trillion rupees($ 20.90 billion) on Tuesday, according to data from Reserve Bank of India( RBI)....
26, 2018, when it had hit 1.86 trillion rupees, according to economis
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2023-11-23 00:00:00.0