These 12 foreign banks have exited or scaled down India ops since 2011. Have a look https://ift.tt/Cxg6DdY many as 12 foreign institutions have exited or scaled down their operations in India since 2011.
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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