INSUBCONTINENT EXCLUSIVE:
The Reserve Bank of India on Tuesday announced injection of Rs 10,000 crore worth of liquidity into the system through purchase of
government securities on December 6
the auction would be announced on the same day and payment to successful participants would be made the following day, the RBI said in its
companies of infrastructure financing and construction major ILFS (Infrastructure Leasing and Financial Services) and credit rating
downgrades triggered panic in the capital markets in September this year.The RBI, from time to time, adjusts levels of availability of money
liquidity in November.Meanwhile, the RBI had last month eased rules for non-banking financial companies (NBFCs) to sell or securitise their
policy stance in Wednesday's statement and announcements on the liquidity front, say analysts.(With agency inputs)
