RBI committed to maintaining liquidity flow

NEW DELHI: The Reserve Bank of India on Monday said it is committed to providing adequate liquidity in the financial system.

"Basically, as the measures announced on Saturday show that given the international situation and situation here, RBI is committed to provide adequate liquidity in all the markets," RBI Deputy Governor Rakesh Mohan told reporters here.

He said since September 16 and until now RBI has been acting on a consistent basis to make sure that the Indian financial market works efficiently and adequate liquidity is available in the system.

RBI actions also aimed at insuring smooth credit flow, Rakesh Mohan said.