Discussion on the liquidity issue in India's banking system and the Reserve Bank of India's decision to impose an additional cash reserve ratio requirement to tackle the problem. The chapter also explores the possible connection between this measure and the HDFC Limited and HDFC Bank merger.
The Reserve Bank of India conducted its monetary policy meeting last week and we haven’t talked about it yet. So let’s do that in today’s episode for 17th August 2023, shall we?
It’s an overly simplified version of an otherwise complex problem, so please bear that in mind.
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