RBI tackles excess liquidity after forex inflows surge

RBI tackles excess liquidity after forex inflows surge. The Reserve Bank of India is actively mopping up excess liquidity amid a surge in foreign exchange inflows, triggering sharp volatility in money markets. This has led to elevated overnight borrowing rates and raised concerns about tighter short-term rates. Market participants are watching for further open market operations to stabilize conditions.

📊 STOCKS: | 🏢 SECTOR: Macro | #HIGHIMPACT #Liquidity