RBI charts next step in money market reforms
Synopsis The Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to set their
Synopsis The Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to set their own lending limits with board approval. Additionally, the RBI has issued draft directions to consolidate existing rules for government securities trading in the secondary market. These moves aim to enhance clarity and streamline operations for all stakeholders.
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