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RBI does it differently than the West amid banks turmoil. Here's why

As per RBI s data, the average daily absorption under the LAF moderated to ₹1.4 lakh crore during February-March from an average of ₹1.6 lakh crore in December-January. During 2022-23, money supply expanded by 9% and non-food bank credit rose by 15.4%. ....

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