 "Liquidity management tool: RBI may have to balance old norms with the new")
The Reserve Bank of India (RBI)’s medium-term strategy framework, which would guide the bank’s inner workings through 2022, would be focused around achieving excellence in the performance of the RBI’s mandates and strengthening the trust of citizens and other institutions.
The mission of the framework, named Utkarsh 2022, would be to “promote the economic and financial well-being of the people of India in terms of price and financial stability; fair and universal access to financial services; and a robust, dynamic and responsive financial intermediation infrastructure,” according to a presentation by the central bank uploaded on its website.
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The mission of the framework, named Utkarsh 2022, would be to “promote the economic and financial well-being of the people of India in terms of price and financial stability; fair and universal access to financial services; and a robust, dynamic and responsive financial intermediation infrastructure,” according to a presentation by the central bank uploaded on its website.
There
