The Reserve Bank of India (RBI) reported that Indian banks held ₹7.42 trillion in cash balances. On the same day, banks borrowed ₹750 million through the Marginal Standing Facility (MSF), reflecting short-term liquidity needs despite overall strong cash reserves in the financial system.
Show moreStay Ahead – Explore Now! Fractal Analytics IPO Opens Feb 9: Leaner ₹28.34B Offer Targets Investor Confidence
Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.
Powered By Just Imagine
