DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Indian central bank takes steps to curb rising bank liquidity
Bloomberg The Reserve Bank of India told lenders to set aside more deposits as reserves to curtail surging banking system liquidity that risks stoking inflation. Banking system funds have surged after Prime Minister Narendra Modi banned 500 rupee ($7.30) and 1,000 rupee notes in a bid to curb graft and ordered people to deposit the money in banks. That ...
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