RBI Liquidity Management

Bank chief Rajkiran Rai says IBA has taken up the issue of restructuring with RBI

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures for industry

Decision taken based on requests received from banks; exposures under this facility will not be reckoned under large exposure framework or for determining priority sector targets

No firm decision has been reached on this, said sources. The SDF, when introduced, will become the lower bound of the corridor for the liquidity management window.

In his bid to fight the coronavirus (Covid-19) induced slowdown, the governor has made it clear that he doesn't want banks to park money with the RBI.

The central bank also withdrew daily fixed rate repo and four 14-day term repos every fortnight being conducted presently

Since the scope of supporting growth through fiscal and monetary policy is fairly limited, economic revival will ultimately depend on policy reforms

The framework is proposing that system liquidity should ideally be kept in deficit mode of 0.25-0.50 per cent of the deposit base

There is no more market stabilisation scheme, says Economic Affairs Secretary S C Garg