Wednesday, November 28, 2012

If liquidity remains tight, RBI to conduct OMOs: H R Khan


The Reserve Bank of India ( RBI) will conduct open market operations (OMOs) to infuse liquidity in the system if the present tightness persists. While speaking on the sidelines of the Ficci-BOAO conference here, Deputy Governor H R Khan said, “Whenever there is need, we will do OMOs.” Adding, when asked if there was a need at present, “At this point of time, I can’t say if there is a need to do OMOs.”........

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