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  • Open market operations, Indias Central Bank chief, thin line in motive for open market operations subbarao, Control over financial stability

    Thin line in motive for open market operations: Subbarao 2012-02-01 07:22:22

    When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management, it "becomes a case of acquiescence in fiscal dominance," India's central bank chief...

    Keywords: liquidity management, RBI, OMOs, Control over financial stability

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