💨 Abstract
The Reserve Bank of India (RBI) announced measures on Monday to inject 1.5 trillion rupees into India's banking system, aiming to address a cash crunch and potentially paving the way for a rate cut next month. The RBI plans to buy government bonds and conduct dollar/rupee swaps, among other steps. Analysts say these actions signal increased confidence in managing inflation, with a rate cut likely.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Two-year-old US citizen appears to have been deported 'with no meaningful process'
Jeffrey Epstein accuser Virginia Giuffre dies by suicide, her family says
Iran, US to resume talks in Oman to narrow gaps over new nuclear deal
4 cadres of banned outfits in Manipur held
More than 450 illegal immigrants detained during crackdown in Ahmedabad
Put myself in father's shoes to rescue my mother, says Pahalgam terror attack survivor
Transparency and awareness are crucial to avoid health insurance claim rejections: Experts
Jeffrey Epstein's abuse survivor, Virginia Giuffre, dies at 41
SPORTS SCHEDULE
Pakistan ISI is killing Hindus for 45 years. To turn India into a nation at war with itself
Powered by MessengerX.io