RBI committed to maintaining liquidity flow | Latest News Delhi - Hindustan Times
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RBI committed to maintaining liquidity flow

PTI | By, 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.

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"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.

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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.

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