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India's banking system liquidity surplus, averaging 7.3 trillion rupees ($75.49 billion) since September, is expected to be absorbed by the end of the financial year, according to Reserve Bank of India Governor Sanjay Malhotra. This follows a 25 basis point rate hike and a shift to calibrated tightening.
India's banking system liquidity surplus is unlikely to be a long-term phenomenon and is expected to be used up by the end of the financial year through various means, according to the central bank chief.
For best results when printing this announcement, please click on link below: RNS Number: 0602W India Capital Growth Fund Limited 24 September 2026 INDIA CAPITAL GROWTH FUND LIMITED Interim Results for the six months ended 30 June 2026 24 September 2026, London - India Capital Growth Fund ("ICGF" or "the Company"), the