State Bank of India chairman O P Bhatt today said that excess liquidity available with the bank would be a matter of concern for the next two quarters.
There is no sign in the economy
that excess liquidity is causing the current inflationary
pressures, Finance Minister Pranab Mukherjee said here on Thursday.
The government on Friday said the 65
per cent rise in its borrowings this fiscal would not affect
affect resources for the private sector.
Analysts are almost evenly split on whether India`s central bank will raise interest rates in the next three months, but are unanimous they will be lifted at least once by the end of April, a poll showed on Tuesday.
Reserve Bank Deputy Governor KC
Chakrabarty on Monday allayed fears of excess liquidity in the
banking system saying it was just `adequate`.
Major earthquake rattles Nepal, India
Day in Pics: 26th April
Showbiz World - April 26, 2015