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Cash Management Bills (CMB)

Over 50% of MSS auctioned by RBI so far

Over 50% of MSS auctioned by RBI so far

Tue, Dec 13, 2016

In a move to facilitate liquidity management operations, the RBI revised the ceiling for the issue of securities under the MSS to Rs 6 lakh crore from the earlier Rs 30,000 crore. The move would help it rein in excess liquidity from the system after demonetisation which had seen banks getting high cash deposits.

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