💨 Abstract

The Reserve Bank of India (RBI) may need to inject additional Rs 1 lakh crore into the banking system by March to maintain liquidity, according to a report by the State Bank of India (SBI) research. Systemic liquidity is tight, with a deficit of approximately Rs 1.6 lakh crore as of February, and daily FPI outflows and maturing of forward transactions are contributing to the situation.

Courtesy: theprint.in

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