MarketData
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RBI Policy
23 Jul 2013
Liquidity Squeeeezeeee to lead to sharp spike in money market rates
RBI has announced additional measures to squeeze system liquidity. Banks can now borrow only 0.5% of their NDTL (Net Demand and Time Liabilities) under the LAF (Liquidity Adjustment Facility) window. The limit of Rs 75,000 crores on repo stands withdrawn.
Arjun Parthasarathy
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