RBI's cash influx seen a small relief amid global uncertainty

India’s recent monetary easing and liquidity push are unlikely to immediately revive domestic demand, according to bankers and analysts, despite the Reserve Bank of India (RBI) cutting policy rates and injecting over $70 billion into the banking system. The measures, including a second consecutive 25 bps rate cut on April 9, are seen more as cushioning steps amid slowing growth and global uncertainty.