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flag India's central bank governor warns of money market liquidity issues despite a daily surplus.

flag India's central bank governor, Sanjay Malhotra, warned of dwindling money market liquidity, despite a surplus of $20 billion daily. flag He emphasized the need for banks to effectively transmit the central bank's liquidity measures to maintain market stability. flag Malhotra also stressed the importance of deepening the government securities market to improve liquidity and efficiency.

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