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RBI to restore normal liquidity operations in phased manner
In view of the COVID-19 pandemic, the RBI had temporarily suspended the revised liquidity management framework.
January 08, 2021 / 06:45 PM IST
The Reserve Bank of India (RBI) on January 8 said it is restoring normal liquidity management operations in a phased manner on a review of the evolving liquidity conditions.
“On a review of evolving liquidity and financial conditions, it has been decided to restore normal liquidity management operations in a phased manner,” the RBI said in a release.
Accordingly, the RBI will conduct a Variable Rate Reverse Repo auction on January 15 for a notified amount of Rs 2,00,000 crore, it said. ....

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