The banking system, after enjoying a liquidity surplus for over two months, is expected to move into deficit this week due to advance tax payments and GST outflows, according to market experts. As of Thursday, the liquidity surplus stood at Rs 1.96 trillion, based on data from the RBI.
"The liquidi
Banking Liquidity Set to Decline Amid Advance Tax and GST Outflows This Week
Last updated: 17 September 2024
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