Mumbai: Surplus liquidity in the banking system surged to nearly Rs 5 lakh crore at the end of August, its highest level in over four months, boosted by month-end government spending and robust foreign currency deposits.
According to data compiled by PTI from the Reserve Bank of India (RBI), surplus system liquidity stood at Rs 5.05 lakh crore as on August 30, the highest level since April 15, 2026, when it was at Rs 5.22 lakh crore.