With only a few days to go for RBI's credit policy meet, it is anybody's guess as to what would be the rate cut. But bankers and bond dealers are sure of one thing: banks should have more liquidity.
The government has started drawing down its huge cash balance with the Reserve Bank of India (RBI), a move which will help ease liquidity in the banking system, a deputy governor at the RBI said on Monday.
The government has started drawing down its huge cash balance with the Reserve Bank of India (RBI), a move which will help ease liquidity, a deputy governor at the Reserve Bank of India said on Monday.