Wednesday, May 29, 2013

RBI plans open market operations

The Reserve Bank of India is looking at conducting open market operations (OMO) after assessing the Government's cash balance, according to Deputy Governor, H.R. Khan. "We will assess (the liquidity situation) and then see what the government balance is...wether it is short term or long term," Khan told reporters on the sidelines of a conference on Business Correspondent Model to check financial inclusion.................

No comments: