Banking Liquidity crisis: Borrowings touch 1.9 lakh crore despite RBI infusion

Ashok Gautam, Sr VP & Head of Global Markets - Treasury of Axis Bank spoke about the worsening liquidity crunch. Banks have borrowed Rs 1.9 lakh crore from RBI on Thursday while borrowings from LAF window are at record high despite RBI infusing more than Rs 1 lakh crore through OMO's.

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