The Reserve Bank of India (RBI) is working with the government to set aside funds for buying illiquid gilts from the market. “Over a period of time we will have some budget where we will try to repair some of those securities in which volumes are low, and create volumes for those securities which have higher volumes,” said Harun Rashid Khan, Ddeputy Governor, RBI, on the sidelines of a banking summit organised by the Financial Times-YES Bank on Tuesday........
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