The market is assured that liquidity will be there: RBI Governor Shaktikanta Das

The markets need to work with RBI to corroborate the “orderly evolution of the yield curve,” RBI governor Shaktikanta Das said in a TV interview.

There has been an upward inclination in bond yields since the Union Budget for this year. The expectancy is a higher borrowing in 2021.

The RBI says that it is ok with the liquidity level and new instruments will be added if required.

“The overnight liquidity window is there. The market is assured that liquidity will be there. It entails a responsibility for the central bank and the market players. So what we are looking at is an orderly evolution of the yield curve. I think I have given a reasonable amount of clarity to the market,” he added.

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