India’s Record Bank Cash Surplus Fades as RBI Curbs Rupee Bets
A record cash surplus at Indian banks is fading quickly as the central bank keeps liquidity tight to curb bets against the currency.
By Pratigya Vajpayee and Siddhi Nayak · Bloomberg Markets
A record cash surplus at Indian banks is fading quickly as the central bank keeps liquidity tight to curb bets against the currency.