RBI Reserve Transfer To Keep Interest Rates Low, Boost Liquidity: Soumyakanti Ghosh
  • WebDesk BTVI
  • Aug 27 2019

Soumyakanti Ghosh, Chief Economic Adviser - Economic Research Department at State Bank of India, said the RBI board approving the transfer of Rs 1.76 lakh crore to the government is a positive surprise. He expects the excess reserve transfer to keep interest rates low and boost liquidity. Here's more.