Liquidity is expected to remain constrained till the end of March owing to factors such as higher demand for money at the end of 2018-19, the upcoming Lok Sabha elections and advance tax outflow, according to a survey of the Federation of Indian Chambers of Commerce (Ficci) and the Indian Banks’ Association (IBA).
The survey said higher fiscal deficit too will be a factor in constraining liquidity. It covered areas like current liquidity and suggestions to improve it and enhance credit growth.
This eighth round of the Ficci-IBA survey covered the period July-December 2018. Twenty-three banks, covering 65 per cent of the