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India's Central Bank Steps In to Boost Cash Flow Through Bond Purchases
24 days ago
In a significant move aimed at enhancing liquidity in the economy, India's central bank has announced a strategic initiative to increase cash availability by purchasing government bonds. This decision comes amidst concerns about tightening liquidity that could hinder economic growth and impact the stability of financial markets. The Reserve Bank of India (RBI), which serves as the country's monetary authority, is actively taking steps to ensure that the financial system remains resilient and capable of supporting economic activities.
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