Indian Lenders Seek Overnight Liquidity Ops Easier Reserve Norms From Rbi Sources Say

business indian lenders seek overnight liquidity ops easier reserve norms from rbi sources say

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Indian lenders are advocating for the Reserve Bank of India (RBI) to reinstate overnight liquidity management operations and ease cash reserve requirements. Banks are seeking a shift from the current 14-day variable repo to fixed-rate overnight instruments and a reduction in the daily maintenance of the cash reserve ratio.

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