Since past few quarters, we have been witnessing that the US inflation is shooting up and the Federal Reserve is under lot of pressure to curtail it by hiking rates and so on. US inflation was languishing below the targeted 2% mark till March 2021 and Fed was seen trying its best to persuade domestic …
As per the latest RBI report, on 20/09/2022, Indian banking system witnessed a deficit in liquidity for the first time in the past 40 months owing to various micro as well as macro-economic reasons. Though the RBI did infuse Rs. 21,800 crores into the system on 20th September, overnight call money rate stayed on a …
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