Reserve Bank Governor Shaktikanta Das Monday said the central bank will take steps if there is a liquidity shortage in the economy, though currently liquidity needs are largely met. "We are constantly monitoring it," he said on the liquidity issue. "We believe liquidity needs are largely met." RBI, he said, will take steps if there is a liquidity shortage.Infusion of liquidity in the market will be need-based, he said adding RBI will maintain adequate liquidity. "I will meet non-banking financial company (NBFC) representatives in Mumbai tomorrow, we will discuss the liquidity issue of NBFCs.

Source: dna January 07, 2019 08:37 UTC