RBI: Liquidity likely to head towards neutral after three years of surplus

Future scenario hinges on forex market, govt spending, credit growth

Bhaskar Dutta | Mumbai
Last Updated at February 16, 2023 23:39 IST

Mumbai: A security personal outside Reserve Bank of India (RBI) headquarters, in Mumbai, Wednesday, June 8, 2022. (PTI Photo

A security personal outside Reserve Bank of India (RBI) headquarters, in Mumbai (PTI Photo)

Ever since the Reserve Bank of India (RBI) undertook emergency measures to shield the economy from the Covid-19 crisis in 2020, liquidity in the banking system has broadly remained at a surplus, although the degree of excess cash shrunk considerably in 2022.

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