 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
A structural change in the liquidity landscape brought about by much lower surplus cash and booming credit growth has resulted in a surge in banks’ reliance on short-term funding avenues in the current financial year.
Reserve Bank of India (RBI) data shows that in the current financial year, so far, bank borrowings have averaged Rs 4.2 trillion, against Rs 2.6 trillion in the previous financial year. The RBI’s data reflects fortnightly changes and the latest data shows the outstanding bank borrowing as on February 24.
Given that liquidity conditions are seen tightening significantly in the latter half of March, bank
