RBI committed to maintaining liquidity flow
PTI | HT Correspondent, New Delhi
Nov 17, 2008 02:34 PM IST
Reserve Bank said it is committed to provide adequate liquidity in the financial system. It has been acting on a consistent basis to make sure that the Indian financial market works efficiently.
Reserve Bank on Monday said it is committed to provide adequate liquidity in the financial system.
"Basically, as the measures announced on Saturday show that given the international situation and situation in New Delhi, RBI is committed to provide adequate liquidity in all the markets," RBI Deputy Governor Rakesh Mohan told reporters in New Delhi.
Hindustan Times - your fastest source for breaking news! Read now.
He said since September 16 and until now RBI has been acting on a consistent basis to make sure that the Indian financial market works efficiently and adequate liquidity is available in the system.
RBI actions also aimed at insuring smooth credit flow, Rakesh Mohan said.
Unveiling 'Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!
Share this article