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RBI bond sales, FX intervention help halve India's cash overhang

Economic Times 1 hr ago·22 Sept 2026, 9:37 am

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking system's liquidity surplus, bankers said.

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Key takeaways

  • Concerns Bank OF India (BANKINDIA).
  • Category: Stocks.

Why it matters

A routine update for Bank OF India. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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