The surprise squeeze could be an obstacle in interest rate transmission. Tighter liquidity will make banks reluctant to lower rates.
from Banking-Banking/Finance-Industry-Economic Times http://bit.ly/2HqzJXu
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Tuesday, May 14, 2019
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Banking-Banking/Finance-Industry-Economic Times
Liquidity deficit of Rs 40,859 crore: Banks feel squeeze on lower spend by govt in poll season
Liquidity deficit of Rs 40,859 crore: Banks feel squeeze on lower spend by govt in poll season
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