So, if you analyse why money supply or deposit growth in the last two years has not kept pace with the amount of credit that has got created, it becomes very clear that partly it is because of the external account where capital flows have not been that strong, but mostly is because RBI has gone from maintaining an excess liquidity situation into a liquidity shortfall.
FPIs heavily bearish, but that may well be a bullish signal
This was closer to 2024’s lows of 12.7% on June 4, which was seen at the start of June 2024 during the once-in-five-year mega event
January 6, 2025