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India’s RBI Signals Policy Shift With Move to Drain Excess Cash

Markets

Malavika Kaur Makol, Subhadip Sircar, Bhaskar Dutta

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June 24, 2025

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Bloomberg

India’s central bank announced a plan to withdraw excess short-term cash from the banking system, signaling a shift in its stance after months of fund infusions that helped lower borrowing costs.

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