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Market Stabilisation Scheme (mss)

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RBI sets MSS intervention ceiling at Rs 50,000 cr

The government, in consultation with the RBI, had launched the MSS in 2004 to absorb excess liquidity arising out of significant foreign exchange inflows.
Continue to see extreme liquidity tightness: SBI head

State Bank of India chairman Pratip Chaudhuri, expects SBI‘s net interest margins to be in the range of 3.55-3.60 percent. He said he has recommended to the RBI that it reduce Cash Reserve Ratio by 1 percentage point.

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