China and India take divergent paths in liquidity management debate

india-rupee-cash

The People's Bank of China (PBoC) and the Reserve Bank of India (RBI) have recently adopted divergent approaches to manage issues of liquidity in their interbank markets through different treatment of their respective bank funding windows.

The PBoC's standing liquidity facility (SLF) was introduced in January this year to provide liquidity support to financial institutions to supplement its repo operations in the money markets. Banks borrow funds from the central bank under this facility on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.