RBI to maintain ample liquidity: Usha Thorat
The Reserve Bank of India (RBI) assured that it would maintain ample liquidity in the system. There is plenty of liquidity in the system and we want to assure that it will be manitained, RBI deputy governor Usha Thorat said, when asked whether the central bank would change its monetary policy in view of the falling rates. Replying to a query whether Indias growth prospects would be affected due to the failing monsoon, Thorat said it was too premature to comment. RBI will make a detailed assessment in July quarterly review of the economy, she said.