Reserve Bank of India has said it will inject adequate additional liquidity using a combination of appropriate instruments while continuing with its normal liquidity adjustment facility operations. The apex bank said this while announcing the liquidity measures for March 2016 Thursday.The RBI said, this will be done with a view to addressing the expected tightening of liquidity conditions next month on account of advance tax payments by corporate and in order to provide flexibility to the banking system in its liquidity management towards March-end 2016.
News On AIR | February 12, 2016 8:45 AM
RBI announces liquidity measures for March 2016