India’s banking system faced a cash crunch. The Reserve Bank of India added funds to ease the situation. This followed negative balance of payments and foreign investor outflows. The RBI sold dollars to bolster the rupee. Trade deficit widened, and deposit growth slowed. These factors contributed to the liquidity deficit. Borrowing costs for banks and companies increased.
PB Fintech Block Deal May Stir short-term volatility, long-term story intact: Hemang Jani
Independent Market Expert Hemang Jani discusses PB Fintech’s potential despite recent corrections, favoring platform companies for long-term investment due to their niche offerings. He highlights
June 26, 2025