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Thin line in motive for open market operations: Subbarao 01 February 2012
When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management, it "becomes a case of acquiescence in fiscal dominance," India's central bank chief...
Keywords: Indias Central Bank chief, Control over financial stability, interpretation of the motivation, Open market operations
Read MoreRBI to push 10K crores into market 18 January 2014
Reserve Bank of India (RBI) will flow Rupees 10,000 crore into the market on Wednesday by buying government securities to ease the liquidity situation as it is under stress due cash balance on government getting increased. RBI will conduct Open...
Keywords: Open Market Operations, RBI, Business News, liquidity
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