RBI Governor expects surplus liquidity to drain by FY27
· rediff.com
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.
Reserve Bank of India Governor Sanjay Malhotra has indicated that the banking system's surplus liquidity is projected to dissipate within the current financial ...