https://www.taxtmi.com/news?id=16245 Monetary policy stance remains accommodative with policy on hold while the Reserve Bank monitors inflation and market developments; it will review the Marginal Cost of Funds based Lending Rate framework to improve transmission and support capital infusions into public sector banks. The Bank has covered likely outflows from maturing foreign currency deposits in forward markets, may supply dollars only in extreme volatility, and will provide short-term rupee liquidity as needed while moving opportunistically toward neutral systemic liquidity. It is coordinating with the government and the securities regulator on mechanisms and funds to restructure stressed projects without reverting to forbearance. en-us Tue, 07 Jun 2016 13:14:01 +0530 Tue, 07 Jun 2016 13:14:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16245 Monetary policy stance remains accommodative with policy on hold while the Reserve Bank monitors inflation and market developments; it will review the Marginal Cost of Funds based Lending Rate framework to improve transmission and support capital infusions into public sector banks. The Bank has covered likely outflows from maturing foreign currency deposits in forward markets, may supply dollars only in extreme volatility, and will provide short-term rupee liquidity as needed while moving opportunistically toward neutral systemic liquidity. It is coordinating with the government and the securities regulator on mechanisms and funds to restructure stressed projects without reverting to forbearance. News - Tue, 07 Jun 2016 13:14:01 +0530 https://www.taxtmi.com/news?id=16245