RBI Drains Nearly $20 Billion of Surplus Liquidity: What It Means for Banks and Borrowers
RBI Drains Nearly $20 Billion in Surplus Cash: What It Means for Your Wallet and Bank Loans The Reserve Bank of India (RBI) recently pulled nearly $20 billion (around ₹1.65 lakh crore) out of the banking system. If that sounds like a massive move, it’s…