




RBI set to ask lenders to tighten gold loan processes, sources say https://t.co/Mmip3AiNiN
The RBI has announced a major liquidity infusion of Rs 1.9 trillion to ease financial constraints in the banking system. What does this mean? Watch the video to find out: https://t.co/osN8G4u6Aj @kasthuri_akhil @NarulaPriyam #rbi #india #liquidity #economy
#RBI worries co-lending pacts leading to higher interest rates, begins scrutiny https://t.co/ch66mUNkeR @_ritusingh

The Reserve Bank of India (RBI) has announced a liquidity infusion of nearly Rs 1.9 trillion into the banking system, which has positively impacted banking stocks and non-banking financial companies (NBFCs). Following this announcement, the Nifty PSU Bank index rose by 1.46%, reaching an intraday high of 5,976.75. The RBI's measures include open market purchases of government securities and USD/INR swaps, aimed at ensuring a liquidity surplus in the banking sector. Additionally, the central bank is set to implement stricter rules for gold loans, requiring banks and NBFCs to conduct deeper background checks on borrowers and verify the ownership of pledged gold. This initiative follows concerns regarding co-lending agreements that could lead to higher interest rates.