Friday, May 10, 2013

RBI to actively manage liquidity: Subbarao

........Subbarao said RBI would actively manage liquidity to ensure the deficit stays within the one per cent corridor of net demand and time liabilities (NDTL). “On liquidity, the standard answer which we have given several times  is that we will manage liquidity to ensure it is within plus/minus one per cent NDTL, subject to, of course, the frictional constraint that we face,” he said.....

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