RBI moves to boost forex inflows, arrest Re slide https://ift.tt/0uwk9No central bank eased several curbs on the flow of foreign investments, including the terms governing the rates of interest offered to foreign currency deposits by overseas Indians. The threshold on External Commercial Borrowing (ECB) under the automatic route has also been doubled.
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.
Comments
Post a Comment