https://www.taxtmi.com/news?id=24398 Monetary policy is determined primarily by domestic macroeconomic considerations and must be calibrated and timed carefully to nurture a fragile economic revival while preserving financial stability. The RBI is moving toward normalising liquidity operations-increasing fortnightly VRRR absorption while retaining substantial surplus liquidity-and continues to deploy instruments such as G SAP, TLTROs, OMOs and operation twist to ensure orderly yield curve evolution and effective monetary transmission. The reverse repo rate remains an RBI liquidity tool distinct from the MPC's remit. The RBI cautions against using forex reserves for fiscal purposes and flags private cryptocurrencies as financial stability concerns while advising strict KYC for banks. en-us Wed, 25 Aug 2021 18:59:08 +0530 Wed, 25 Aug 2021 19:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24398 Monetary policy is determined primarily by domestic macroeconomic considerations and must be calibrated and timed carefully to nurture a fragile economic revival while preserving financial stability. The RBI is moving toward normalising liquidity operations-increasing fortnightly VRRR absorption while retaining substantial surplus liquidity-and continues to deploy instruments such as G SAP, TLTROs, OMOs and operation twist to ensure orderly yield curve evolution and effective monetary transmission. The reverse repo rate remains an RBI liquidity tool distinct from the MPC's remit. The RBI cautions against using forex reserves for fiscal purposes and flags private cryptocurrencies as financial stability concerns while advising strict KYC for banks. News - Wed, 25 Aug 2021 18:59:08 +0530 https://www.taxtmi.com/news?id=24398