Fixed Income And Currency Market

23 Apr 2016

RBI has a lot of work to do on Liquidity

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The government that carried a surplus of Rs 1500 billion into April 2016 has spent its entire surplus and its cash position stands at just around Rs 20 billion as of 22nd April. Government spending its surplus has infused funds into the system improving liquidity conditions.

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Arjun Parthasarathy
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