RBI withdraws over ₹6 trillion liquidity as banking surplus hits record
The Reserve Bank of India withdrew over ₹6 trillion from the banking system after surplus liquidity hit a record ₹11.6 trillion. Banks parked ₹2.59 trillion in a 30‑day auction while the RBI received ₹3.53 trillion in an overnight auction. The operations aim to manage excess liquidity in the market.