https://www.taxtmi.com/news?id=25950 Monetary policy transmission depends on seamless propagation of policy impulses through money, government securities, credit and forex markets; microstructure frictions-thin intermediate-term money markets, concentrated G-sec liquidity, heterogeneous loan pricing by banks and NBFCs, and uneven OIS/forward forex liquidity-create transmission losses that blunt policy signals. The Reserve Bank intervenes via open market operations, term repos and forex operations and emphasises market development measures such as active market making and diversified T-bill issuance to restore continuous term structures and improve pass-through to lending and corporate funding. en-us Wed, 16 Nov 2022 17:33:19 +0530 Wed, 16 Nov 2022 17:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25950 Monetary policy transmission depends on seamless propagation of policy impulses through money, government securities, credit and forex markets; microstructure frictions-thin intermediate-term money markets, concentrated G-sec liquidity, heterogeneous loan pricing by banks and NBFCs, and uneven OIS/forward forex liquidity-create transmission losses that blunt policy signals. The Reserve Bank intervenes via open market operations, term repos and forex operations and emphasises market development measures such as active market making and diversified T-bill issuance to restore continuous term structures and improve pass-through to lending and corporate funding. News - Wed, 16 Nov 2022 17:33:19 +0530 https://www.taxtmi.com/news?id=25950