Union Budget 2018 Paves The Way For RBI’s Standing Deposit Facility
The Reserve Bank of India (RBI) logo is displayed at the entrance to the bank’s headquarters in Mumbai, India (Photographer: Kainaz Amaria/Bloomberg)  

Union Budget 2018 Paves The Way For RBI’s Standing Deposit Facility

The Union Budget has paved the way for the introduction of a new deposit facility, which can be used by the Reserve Bank of India to absorb excess liquidity. The Finance Bill has included an amendm...
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