RBI may inject more liquidity in Q4, say analysts
after close1 source ↓written by the desknot a recommendation
- into money markets
- ₹1.5 lakh crore
- surplus liquidity
- 1% of bank deposits
- to ensure effective
- ₹2.4 lakh crore
The Reserve Bank of India (RBI) plans to inject ₹1.5 lakh crore into money markets, providing temporary relief. However, analysts suggest further liquidity measures may be necessary in Q4 if the rupee remains under pressure. The RBI aims to maintain surplus liquidity at 1% of bank deposits, requiring around ₹2.4 lakh crore to ensure effective transmission of interest rate cuts.
Not investment advice. For informational purposes only.