The RBI has acted pro-actively and promptly and taken multi-directional measures to infuse liquidity into the Indian system so as to ensure availability of credit to the productive sectors of the economy and thereby, maintaining financial stability.
While the package of  BIS Review 146/2008  7  measures has had some positive effect, the challenges still remain as the global uncertainties continue to persist. The Reserve Bank will continue to closely monitor the developments in the global and domestic financial markets and will take swift and effective action as appropriate.