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Financial Snapshot: RBI Reports Strong Cash Balances, Rising Overnight Borrowing
Indian banks maintained cash balances of ₹8.48 trillion on November 16, with ₹1.25 billion borrowed via RBI’s Marginal Standing Facility. The average daily Cash Reserve Requirement for the two weeks ending November 28 stood at ₹8.06 trillion, reflecting continued liquidity management by the central bank.
Stay Ahead – Explore Now! Sequent Scientific Delivers Strong Q1 Performance with ₹4.41 Billion Revenue and ₹143.1 Million Profit






