RBI governor to meet FPIs, senior fund officials https://ift.tt/tjlV8iO early April, RBI had revised the inflation forecast for 2022-23 to 5.7% (from 4.5% it had projected in February), and in June the number for the current fiscal was raised to 6.7%. The revisions, in quick succession, have drawn the attention of almost everyone across financial markets.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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