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RBI ready to inject additional liquidity

IANS  |  Chennai 

The (RBI) on Thursday said it is ready to inject additional liquidity to address any increased demand.

In a statement issued RBI said, the system liquidity is currently in a surplus mode and is moving towards neutrality.

"With a view to address any additional demand for liquidity on account of increase in currency in circulation and advance tax payments by corporates and to provide flexibility to the system in its towards March-end, the stands ready to inject adequate additional liquidity using a combination of appropriate instruments, while continuing with its normal (LAF) operations," the statement said.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 15 2018. 19:00 IST
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