Finance
Sock JohnsonLenders Challenge RBI to Unleash Cash Flow Power!
Listen up, my friends! Indian lenders are stepping into the ring, demanding the RBI to loosen those liquidity rules and unleash a tidal wave of cash! With loan demand skyrocketing while deposits are lagging behind, these banks want to free up that cash and electrify the economy! It’s time to lower those bond maturity times and let the funds flow, baby!
few days ago | Bloomberg
Quick rundown
1.Indian banks seek RBI's help to unlock more funds.
2.Demand for loans is outpacing deposit growth in India.
3.Lenders want relaxed liquidity rules to boost lending.
4.Proposed changes could lower borrowing costs.
5.RBI's response to requests remains pending.
