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Synopsis
The central bank announced a series of liquidity easing measures as its response to the COVID-induced contraction in the economic activity since end of March this year.
Agencies
Former RBI governor Duvvuri Subbarao
MUMBAI: Unwinding of the easy liquidity conditions will be a major challenge for the Reserve Bank which has done well in preserving financial stability of the economy post the COVID-induced nation-wide lockdown, according to former RBI governor Duvvuri Subbarao
While managing a crisis is extremely difficult, RBI had been successful in preserving the financial stability of the economy during the present crisis said Subbarao, the central bank is going through an extremely difficult situation when they do not have a benefit of hindsight. ....

Duvvuri Subbarao , Ministry Of Commerce , Department For Promotion Of Industry , Partnership Summit , Reserve Bank , Coordinated Monetary Policy Response , Internal Trade , Open Market Operations , Targeted Long Term Repo Operations , Global Financial Crisis , அமைச்சகம் ஆஃப் வர்த்தகம் , துறை க்கு ப்ரமோஶந் ஆஃப் தொழில் , கூட்டு உச்சிமாநாடு , இருப்பு வங்கி , ஒருங்கிணைந்த பண பாலிஸீ பதில் , உள் வர்த்தகம் , திறந்த சந்தை செயல்பாடுகள் , இலக்கு நீண்டது கால ரெப்போ செயல்பாடுகள் , உலகளாவிய நிதி நெருக்கடி ,