India’s RBI Signals Policy Shift With Move to Drain Excess Cash

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Malavika Kaur Makol

Subhadip Sircar

Bhaskar Dutta

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India’s central bank announces a plan to drain short-term liquidity from the banking system, signaling a shift in its approach after months of cash infusions that helped push down borrowing costs

RBI Governor Sanjay Malhotra News Conference As India's Central Bank Surprises With Big Rate Cut, Cash Boost 

India's Banking System Liquidity in Surplus

India’s central bank announced a plan to withdraw excess short-term cash from the banking system, signaling a shift in its stance after months of fund infusions that helped lower borrowing costs.

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