India's banking system liquidity slips into deficit: RBI

The RBI infused 218 billion Indian rupees ($2.73 billion)into banking system on Tuesday, the biggest since May 2019. Overnight rates continue to stay elevated, with one-day call money rate jumping to 5.85%, highest since July 2019.

from Banking/Finance-Industry-Economic Times https://ift.tt/QrCT6y2