Market Stabilisation Scheme News
Government in consultation with the RBI Friday sharply raised the Market Stabilisation Scheme (MSS) ceiling to Rs 6 lakh crore from Rs 30,000 crore to mop up extra liquidity from the system in view of demonetisation.
Government is considering a proposal to raise Market Stabilisation Scheme (MSS) ceiling beyond the existing Rs 30,000 crore to mop up extra liquidity from the system in view of demonetisation.
The Reserve Bank (RBI) has fixed the quantum of intervention through the Market Stabilisation Scheme (MSS) at Rs 50,000 crore for the current fiscal to manage liquidity.
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