Section

Borrowing costs soften amid rising surplus liquidity in banking system

By Economic Times - 4 months ago
The Reserve Bank of India may revise its monetary stance due to increased banking system liquidity, which reached ₹2.86 lakh crore as of August 5. This surplus has led to a decrease in borrowing costs, with treasury bill yields and short-term debt instrument rates falling sharply. Economists observe the central bank tolerating high liquidity levels recently.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.