From a ₹2 trillion deficit to a daily surplus of ₹3 trillion, raising concerns
RBI added ₹9.5 trillion and reduced CRR, increasing liquidity further
It could fuel inflation and asset-price inflation, despite controlled CPI
Excess liquidity lowers loan rates, raising concerns about credit quality
Corporates are relying more on bonds, reducing dependence on banks
RBI needs clear communication on managing rising liquidity risks