BSE-NSE Ticker

Friday, November 27, 2009

Dependence on repo market a concern: RBI

Excessive dependance by Indian market participants on the wholesale funding market, such as repurchase agreements, is a concern, deputy governor of the Reserve Bank of India said on Friday.

Urgency and momentum for financial system reform is gradually waning, Shyamala Gopinath said at an event in Ahmedabad.

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