The statutory liquidity regime poses a growth-stability trade off dilemma for the Reserve Bank of India, the RBI governor said on Friday.
Financial stability cannot be the exclusive responsibility of the RBI, Duvvuri Subbarao also said in a speech at the SAARC Finance Governors' Symposium at Kumarakom, Kerala. The statutory liquidity ratio, or the portion of deposits banks are mandated to invest in government debt, currently stands at 24%.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
