Day: October 8, 2026

*******MPC meet — Takeaways [1] Credit growth–at present–18% [2] Some moderation likely as policy rate transmission takes place over the next couple of quarters which will affect demand & costs [3] RBI wants banks to deploy FCNR [B] deposits not at one go [4] Currency leakage will absorb 3 lac crores of liquidity [5] CRR increase is least preferred option – to absorb liquidity [6] Corporates r holding healthy cash reserves & bank credit remaining robust, India’s dependence on global capital is lower than that of many  other economies– Courtesy BusinessLine

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