'Won't pull out liquidity': RBI tries to calm bond market nerves

Central bank governor welcomes blockchain tech, but voices major concerns on cryptocurrency

The Reserve Bank of India (RBI) once again urged cooperation from bond market participants for the “orderly evolution of the yield curve”.
 
The central bank governor, in an interview with CNBC TV18, said the bond market should not worry about liquidity support, while avoiding to comment on whether the 6 per cent yield for the 10-year benchmark is the tolerance limit. “The overnight liquidity window is there. The market is assured that liquidity will be there.”
 
The normalisation of liquidity stance, by introducing variable rate reverse repo, is part of the normalisation process everywhere and in no way