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via thehindubusinessline.comEconomy

RBI Governor expects liquidity surplus to drain within current financial year

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

RBI Governor sees temporary FCNR-B liquidity, warns surplus draining this year; de-emphasizes CRR hikes to withdraw liquidity.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRBI Governor's liquidity outlook affects expectations on Indian monetary policy and interest rates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01RBI Governor sees temporary FCNR-B liquidity surplus in the system.
  2. 02The surplus is expected to drain out within the current financial year.
  3. 03RBI de-emphasizes CRR hikes as a tool to withdraw liquidity.

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