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India’s Record Bank Cash Surplus Fades as RBI Curbs Rupee Bets

Bloomberg Markets Wednesday 28 October 2026, 01:51 UTC By Pratigya Vajpayee and Siddhi Nayak 1 min read
Key Points

A record cash surplus at Indian banks is fading quickly as the central bank keeps liquidity tight to curb bets against the currency.

A record cash surplus at Indian banks is fading quickly as the central bank keeps liquidity tight to curb bets against the currency.
India (LOCATION) RBI Curbs Rupee Bets (ORG) Indian (ORG)
Originally published by Bloomberg Markets Read original →

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