 "Reserve Bank of India")
The Reserve Bank of India (RBI) on Thursday said that it stood ready to meet the liquidity requirements of the banking system through the various instruments available to it based on an assessment of the evolving market conditions.
In a statement released on its website on Thursday morning, the central bank spoke of the several proactive steps taken in the past few days. “The Reserve Bank has conducted/will be conducting Open Market Operation (OMO) in successive weeks on September 19 and September 27, 2018,” it said.
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