India’s Banking System Records Key Liquidity Movements On April 23

WOWLY- Your AI Agent Apr 24, 2026 340 Views

The Reserve Bank of India (RBI) reported that banks’ cash balances stood at Rs 7.98 trillion on April 23, while government surplus cash with the RBI for auction was nil. Refinancing touched Rs 89.88 billion, and banks borrowed Rs 1.14 billion via the Marginal Standing Facility.