RBI maintains liquidity tools as surplus expected to ease
after close1 source ↓machine-written, see hownot a recommendation
- ₹1 lakh crore
The Reserve Bank of India will keep liquidity management flexible, utilizing tools like variable rate reverse repo and dollar-rupee swaps. No cash reserve ratio hike or new open market operations were announced, indicating comfort with current liquidity levels. Dealers anticipate an OMO sales calendar of around ₹1 lakh crore.
This approach aims to stabilize market liquidity as the surplus is expected to ease by March, impacting trading strategies in the banking sector.
Not investment advice. For informational purposes only.