India central bank's liquidity bazooka raises rate cut hopes
- Posted on January 28, 2025
- By Business News Today
- 3 Views
India central bank's liquidity bazooka raises rate cut hopes
India's central bank has announced measures to inject 1.5 trillion rupees into the banking system through bond purchases and dollar/rupee swaps, potentially signaling an upcoming rate cut. These actions address a cash crunch that raised lending rates, with the RBI aiming to ensure orderly liquidity conditions.
