Abhishek is an independent journalist with a keen interest in politics and state finance.
A decade of RBI data shows a quiet but consequential shift in balance sheet composition, with gold and domestic securities gaining ground on FX assets.
Abhishek Dey
April 7, 2026 at 5:28 AM IST
Screengrab from "RBI Unlocked: Beyond the Rupee" series (JioHotstar)
RBI policy isn’t the only driver of liquidity. Data suggests sharp swings in state government cash balances may also influence India’s banking system liquidity cycle.
April 1, 2026 at 5:07 AM IST
The tightening cycle has quietly concentrated bank deposits in the 1–3 year band, making funding costs more sensitive to shifts in the interest-rate cycle.
March 12, 2026 at 7:16 AM IST
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As finance turns digital and interlinked, the RBI is redesigning supervision by shifting from balance-sheet checks to ecosystem-wide governance architecture.
March 5, 2026 at 5:23 AM IST
India has softened the promise of instant delivery, not the model behind it. The reset reflects labour concerns, not a retreat from fast, app-led retail.
January 21, 2026 at 6:01 AM IST
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India’s creator economy shapes billions in spending, yet only a small elite earns a living. The gap between influence and income exposes a skewed digital promise.
December 26, 2025 at 8:24 AM IST
Election-time freebies are straining state budgets as debt stays elevated, revenues lag and committed spending crowds out investment. Case studies from Bihar, Punjab and West Bengal show how giveaways risk locking states into deeper borrowing and fiscal stress.
December 18, 2025 at 8:57 AM IST
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