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Liquidity Watch: RBI Data Shows Rising Borrowing Needs Despite Ample Reserves
India’s central bank reported that banks’ cash balances stood at ₹7.70 trillion on January 18, slightly higher than ₹7.67 trillion a day earlier. Borrowings under the Marginal Standing Facility (MSF) surged to ₹3.99 billion on January 18, compared to ₹1.52 billion on January 17, reflecting tightening liquidity conditions.
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