Mumbai: An internal working group (IWG) of the Reserve Bank of India, mandated to review the current liquidity management framework, has recommended the use of long term repo ops at market rates to manage liquidity. Lliquidity management is the operating procedure of monetary policy, which seeks to ensure that sufficient credit is provided to all […]
Bhubaneswar: To stave off the economic hardships likely to arise out of the Coronavirus lockdown, the Reserve Bank of India today announced broad-based measures including liquidity infusion to the tune of Rs 3.74 lakh crore into the system. Moreover, the Central Bank also announced a three month moratorium on repayment of installments of all term […]
New Delhi: While Coronavirus pandemic continues to sweep the world shutting down economies, the Reserve Bank of India on Friday announced a slew of measures to help the country fight the economic blues resulting from the impact of the lockdown. The RBI also cut reverse repo rate by 25 basis points to 3.75%, while keeping […]