RBI announces steps to inject Rs 1.5L crore liquidity – The Times of India
MUMBAI: RBI on Monday announced measures to inject over Rs 1.5 lakh crore into money markets, marking the largest monetary easing since the pandemic. These steps aim to address the liquidity shortfall caused by the central bank’s intervention in selling dollars to stabilise the rupee.RBI is estimated to have sold over $50 billion from its…