Central bank outlines large liquidity push to stabilise banking conditions

The RBI unveiled liquidity measures involving dollar swaps and bond purchases totaling $32 billion and ₹2 lakh crore, aiming to ease banking system stress, improve transmission and maintain orderly financial conditions.

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Central bank outlines large liquidity push to stabilise banking conditions

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Central bank outlines large liquidity push to stabilise banking conditions
The RBI unveiled liquidity measures involving dollar swaps and bond purchases totaling $32 billion and ₹2 lakh crore, aiming to ease banking system stress, improve transmission and maintain orderly financial conditions.
Reserve Bank of India announced multiple liquidity measures to support banking system conditions, including dollar rupee swap operations injecting about $32 billion and plans to purchase government bonds worth ₹2 lakh crore. The steps aim to ease funding pressures, improve transmission and ensure adequate credit availability, while aligning liquidity management with evolving market conditions and near term policy objectives framework.
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