Banks in India have been reluctant to park their surplus liquidity with the Reserve Bank of India (RBI) for longer periods of time to avoid the risk of a potential shortfall – an approach the RBI would like changed as surplus money in the system could potentially prove inflationary.
Banks in India have been reluctant to park their surplus liquidity with the Reserve Bank of India (RBI) for longer periods of time to avoid the risk of a potential shortfall – an approach the RBI would like changed as surplus money in the system could potentially prove inflationary. Banks in India have been reluctant to park their surplus liquidity with the Reserve Bank of India (RBI) for longer periods of time to avoid the risk of a potential shortfall – an approach the RBI would like changed as surplus money in the system could potentially prove inflationary. Moneycontrol Latest News Read More