Tag: WACR
Posted in Economy
RBI injects Rs 1 lakh crore as liquidity tightens before festive season
Mumbai: For weeks, India’s central bank had its task-list full, draining excess liquidity after an overwhelming diaspora response to forex-inflow programs. Now, as the festive…
Posted in Economy
RBI to continue to use overnight weighted average call rate as the operating target for monetary policy
MUMBAI: The Reserve Bank of India (RBI) would continue to use the overnight weighted average call rate (WACR) as the operating target for monetary policy…