MUMBAI, India, Sept. 30 -- Reserve Bank of India issued the following press release:
The report of the Internal Working Group (IWG) to review the Liquidity Management Framework was placed on the RBI website on August 6, 2025, and comments on the same were invited from stakeholders and members of the public by August 29, 2025. The Reserve Bank has received comments from various stakeholders.
2. Based on the recommendations of the IWG and after considering the feedback received, the liquidity management framework has been finalised as under:
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The overnight weighted average call rate (WACR) will continue to be the operating target of the monetary policy. The Reserve Bank will, however, continue to keep track of rates in other overnight m...