April 2, 2019 8:28 AM
Reserve Bank to inject USD 5 billion more liquidity into banking system
The Reserve Bank of India, RBI yesterday said it will inject long-term liquidity worth 5 billion US Dollars into the banking system through a dollar-rupee buy-sell swap for a tenure of three years on April 23. The RBI statement stated that the move intends to meet the durable liquidity needs of the ...