Excess India Cash Won’t Go Away in a Hurry, Strategists Say
An Indian 2,000 rupee, bottom, and 500 rupee banknotes are arranged for a photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Excess India Cash Won’t Go Away in a Hurry, Strategists Say

(Bloomberg) -- The Reserve Bank of India’s efforts to keep a lid on borrowing costs in Asia’s third-largest economy created more than 8 trillion rupees ($108 billion) of excess cash in the banking ...
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