RBI may pump in ₹1 lakh cr more for liquidity comfort
The move is aimed at encouraging banks to lower lending rates and boost credit demand.Liquidity has remained in deficit since mid-December, forcing banks to borrow daily from RBI - a sign of tight conditions that have constrained lenders from reducing rates despite a 25-basis-point policy rate cut by the central bank earlier this month."To ensure that banking system liquidity surplus stays at 1% of NDTL on a consistent basis until March 2026, there could be space for additional ₹1 lakh crore of OMO (open m ...