RBI Overnight Cash Withdrawal Auction: Why the Central Bank Is Absorbing Trillions
The Reserve Bank of India (RBI) has absorbed more than ₹6 trillion from the banking system through a series of cash withdrawal operations, after banking liquidity surged to a record high in early September 2026. What Happened? On Monday, September 7, 2026, the RBI absorbed over ₹6 trillion (about $63.53 billion) through cash withdrawal operations, […]
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