Tuesday, January 8, 2019

RBI Will Deal With Liquidity Deficit If Needed, Says Shaktikanta Das

"We will take steps to deal with liquidity deficit, if it is noticed. Any infusion of liquidity has to be very carefully considered and has to be need based," Das said.

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India Becomes 4th Largest Forex Holder As Reserves Rise To $785.7 Billion

The sharp rise in the latest week was driven primarily by an increase in foreign currency assets, the largest component of reserves.