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RBI Governor Shaktikanta Das said that the central bank does not expect the market to respond appropriately to the announcement of G-SAP 2.0.
The higher transfer is an attempt to lower the fiscal deficit, reduce borrowing cost and cushion the weak cash management
The number of people below the poverty line has increased from 6 crore to 13.4 crore due to Covid (Pew Research ). The middle class has shrunk by 3.2 crore due to the pandemic (Pew Research).
RBI set relatively higher cut-off rate for additional competitive underwriting commission for PDs for the 2030 G-Sec, says Marzban Irani, CIO-Fixed Income, LIC Mutual Fund
RBI to ensure 'comfortable level' of liquidity in system this fiscal SECTIONS Last Updated: May 27, 2021, 04:07 PM IST Share Synopsis "The Reserve Bank will ensure that system level liquidity remains comfortable during 2021-22 in alignment with the stance of monetary policy, and monetary transmission continues unimpeded while maintaining financial stability," according to the annual report 2020-21. Reuters The Reserve Bank on Thursday said it will ensure comfortable level of liquidity in the system during the current financial year and assured that monetary transmission will continue "unimped...