RBI may inject more liquidity

The RBI is likely to announce fresh measures to inject more funds into the cash-starved banking system following a meeting of the Prime Minister-chaired committee on tackling the global turmoil. 8220;The meeting considered certain steps and RBI will look at them8230; Various methods of injecting liquidity through repo and reverse repo short-term rates were discussed,8221; commerce minister Kamal Nath said after the meeting. The meeting looked at liquidity issues, especially in housing, construction and non-banking financial sectors.