Indian central bank's liquidity bazooka raises hopes for rate cut
India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and dollar/rupee swaps, which analysts and traders said could be a precursor to a rate cut next month.
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In today’s newsletter, we take a look at the performance of the banking sector and what that says about the economy. Plus, ...
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Banking Stocks Rise after RBI Liquidity BoostThis raises the prospects of an interest rate cut by the RBI's Monetary Policy Committee (MPC) in the February policy meeting ...
The RBI said that the steps were being taken after a review of the current liquidity and financial conditions.
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