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KM Financial Solutions | WRAPUP 1-India urges cenbank to take steps to ease liquidity, tackle credit crunch
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WRAPUP 1-India urges cenbank to take steps to ease liquidity, tackle credit crunch

24 Sep WRAPUP 1-India urges cenbank to take steps to ease liquidity, tackle credit crunch

Posted at 14:43h in News by
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India’s finance
ministry wants the central bank to consider more steps to
improve liquidity in the system, including reducing the amount
of funds banks must set aside with it, a senior ministry
official said on Tuesday, amid a bubbling credit crunch in the
Indian shadow banking industry.

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