RBI Holds ₹9.57 Trillion Cash—A Silent Power Play in India’s Financial Markets?

Unknown Apr 02, 2026 1,100 Views

The Indian Rupee opened 0.06% higher at 86.0125 per U.S. dollar, compared to its previous close of 86.0650, reflecting a marginal strengthening in early trade. The Reserve Bank of India’s latest money market operations indicate a stable liquidity environment, with banks holding ₹9.57 trilli...