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Economy - January 8, 2025

Banks, dealers want RBI to act on the liquidity front

Banks, dealers want RBI to act on the liquidity front

Banks and primary dealers urge the Reserve Bank of India (RBI) to inject liquidity through foreign exchange swaps or OMOs in the upcoming policy meeting on February 7. The aim is to ease system liquidity deficit and high forward premiums affecting short-term borrowing costs and importers.

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