ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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RBI s About-Turn

EPW Research Foundation RBI's About-Turn December 1994 ended with the central bank injecting Rs 2,000-2,500 crore into the market to quell the money market's riotous behaviour in an about-turn from the beginning-of-the-month objective of contracting primary liquidity and containing money supply growth.

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