RBI opens liquidity tap, interest rate cut in sight
Mumbai, Jan. 28 -- Relief arrived for India's parched banking system on Monday as the central bank rolled out measures to pump up liquidity, setting the stage for a potential interest rate cut next week. The Reserve Bank of India (RBI) announced a set of forex and money market measures that will collectively infuse Rs.1.5 lakh crore over time, amid a clamour for liquidity support....
To read the full article or to get the complete feed from this publication, please
Contact Us.