Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RBI Announces Measures to Boost Liquidity
Update / Judgement Date
28 Jan 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The RBI has announced a series of measures to boost liquidity in the economy, aimed at supporting businesses and ensuring smooth financial operations. These measures include introducing additional liquidity support to specific sectors, revising interest rates, and adjusting the cash reserve ratio for commercial banks. The RBI's intervention comes in response to ongoing concerns regarding liquidity shortages, which have hampered business activities and financial transactions. These steps are expected to enhance market confidence, improve credit flow, and provide necessary financial stability for sectors struggling with cash flow issues. Overall, these measures reflect the RBI's commitment to maintaining liquidity in the financial system and sustaining economic growth during uncertain times.