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Liquidity in Focus: RBI Shows Healthy Bank Cash Positions Amid Market Flux
The Reserve Bank of India (RBI) reported banks’ cash balances at approximately ₹8.94 trillion on November 2 and ₹8.96 trillion on November 1. Indian banks borrowed ₹3.70 billion and ₹4.21 billion via the Marginal Standing Facility (MSF) on these respective days. The average daily cash reserve requirement for the two weeks ending November 14 stands at ₹7.97 trillion.
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