Join RBI's ₹50,000 Crore Money Splash Bash This Friday!

The RBI is hosting a money splash bash with a 7-day auction to pump ₹50,000 crore into the banking scene! After a previous ₹1 trillion boost, they’re keeping the liquidity party going. With ₹1.71 trillion in surplus, they’re ensuring the money market stays cool, even with GST outflows on the horizon. WACR ticked up to 5.41%.