A glut of cash chasing assets in India causes short-term rates to plunge

Banks have parked 6.1 trillion rupees ($82.5 billion) of excess cash with the central bank at the reverse repo rate of 3.35%

Banks have parked 6.1 trillion rupees ($82.5 billion) of excess cash with the central bank at the reverse repo rate of 3.35% https://ift.tt/3pZAAUl November 25, 2020 at 05:12PM

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