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India's RBI to enhance liquidity next week to cover for tax outflowsThe Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, which will see large outflows owing to tax payments. The RBI has ...
And more money will flow in to the banks next week as RBI will be injecting $16 billion to cover for tax outflows. The cash shortfall widened after December 16 due to outflows of over Rs 3 ...
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