Diabytes
Liquidity adjustment facility News
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Reserve Bank will remain open on July 1 for services such as transfer of funds through NEFT and RTGS from 11 AM onwards.
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Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing lenders to issue 'masala bonds' and to accept corporate bonds under the liquidity adjustment facility (LAF).
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The overnight call money rates ended lower at 7.60 percent from yesterday's closing level of 7.65 percent. It moved in a range of 8.20 percent and 7.05 percent.
Departing from its regular practice, the Reserve Bank of India (RBI) Friday said it will remain open on July 1 this year to facilitate settlement of market transactions as well as of the general public.
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