Opinion: Excess liquidity in Indian banks—who gains and who loses?
Record cash surpluses may lower borrowing costs, but without equitable credit allocation, MSMEs and emerging businesses could remain on the margins Published Date – 12 November 2026, 10:54 PM Illustration: Chaitanya Mulla By Dr Sreelakshmi P In recent years, India made significant progress in introducing cashless transactions into its financial system. … Read more