The RBI on Friday said it has decided to restore normal liquidity management operations in a phased manner and will conduct variable rate reverse repo auction of Rs 2 lakh crore on January 15. In February last year, RBI had announced a revised Liquidity Management Framework (LMF) that was simplified and "clearly communicated" the objectives and toolkit for liquidity management. However, in view of the COVID-19 outbreak, the rapidly evolving financial conditions and taking into account the impact of disruptions due to the lockdown, RBI had decided to temporarily suspend the revised LMF and the window for Fixed Rate Reverse Repo and Marginal Standing Facility (MSF) operations were made available throughout the day. This was intended to provide eligible market participants with greater flexibility in their liquidity management. "On a review of evolving liquidity and financial conditions, it has been decided to restore normal liquidity management operations in a phased manner," RBI ...
from Today's Paper https://ift.tt/35o8WYt
via
I have shared top news 14 in hindi, English, Gujarati etc.i have shared all types of news sports, top stories, today's special, history, cricket, Bollywood, politics, fitness, national, international, world news etc.
Subscribe to:
Post Comments (Atom)
-
Armed with Supreme Court order, banks may invoke personal guarantees of tycoons ranging from Venugopal Dhoot to Kapil Wadhawan to recover un...
-
GFM has five million square feet across office properties in Mumbai Thane, Gurugram, Pune and Bengaluru from Today's Paper https://ift...
-
All retail and trading establishments will now be allowed to operate at full capacity between 10 am and 8 pm from Monday from Today's ...
India's low score on GVC a starting point for recovery from pandemic: AIIB
India rated 7.4 percentage points below the average global value chain participation rate for emerging economies from Today's Paper ht...
No comments:
Post a Comment
If you have any doubts please let me know!