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News 2026-10-07 04:10 UTC

India bank liquidity surplus at 1.8% of deposits ahead of RBI decision

India's banking system liquidity surplus remains just shy of 2% of deposits in the system as markets await RBI decision at 10:00 a.m. IST. Liquidity surplus at 4.99 trillion rupees ($51.79 billion), which is 1.8% of deposits, has plummeted 55% from a peak of 11.16 trillion rupees hit a month ago, triggered by a sharp s