LAF exposes money market fault lines

Citation
Vp. Prasanth et Y. Saha, LAF exposes money market fault lines, ECON POLIT, 35(28-29), 2000, pp. 2492-2498
Categorie Soggetti
Politucal Science & public Administration
Journal title
ECONOMIC AND POLITICAL WEEKLY
ISSN journal
00129976 → ACNP
Volume
35
Issue
28-29
Year of publication
2000
Pages
2492 - 2498
Database
ISI
SICI code
0012-9976(20000715)35:28-29<2492:LEMMFL>2.0.ZU;2-K
Abstract
The liquidity adjustment facility introduced by the Reserve Bank comprising variable rate repo and reverse repo auctions has already exposed the imper fections of the Indian money market.