January 20, 2025 11:33 AM

RBI steps to boost liquidity in banking system are smart, pragmatic: SBI

More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR (variable rate repo) has been taken as the first step to manage liquidity in the banking system, according to an SBI research report. “Such changes and frontloading next round of moves are smart and pragmatic by the RBI…A delicate mix of temporary and permanent liquidity injection and withdrawal remains a work in progress,” the report states. As a corollary to intervention in the forex markets j...