Friday, September 27, 2013

RBI prods banks to bring in more dollars

................In a separate release, the RBI assured banks that it would take appropriate measure to infuse liquidity, including bond purchases under open-market operations, if needed. “The Reserve Bank is closely and continuously monitoring liquidity conditions and will take actions as appropriate, including open-market operations, to ensure that adequate liquidity is available to support the flow of credit to productive sectors of the economy,” the central bank said...............

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