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India's $133 billion cash deluge puts RBI on a more hawkish policy path

Record inflows from Indians abroad have left banks flush with cash, pushing overnight rates below the RBI's 5.25 per cent policy rate as inflation pressures build

India's $133 billion cash deluge puts RBI on a more hawkish policy path

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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