A $5 billion dollar-rupee swap from late January is set to reverse on Monday, potentially removing ₹43,000 crore from the banking system if the RBI delivers dollars fully. This operation, part of a series to ease liquidity, coincides with existing surplus liquidity and an upcoming CRR cut.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may