Mumbai, Aug 31 (PTI) The Reserve Bank of India (RBI) will conduct fine-tuning operations to manage unanticipated and one-off liquidity flows, Governor Shaktikanta Das said on Tuesday.

As the market settles down to regular operations, the RBI will conduct fine-tuning operations from time to time, as needed, to manage unanticipated and one-off liquidity flows so that liquid conditions in the system evolves in a balanced and evenly distributed manner, Das said.

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He was speaking at a conference organised by Fixed Income Money Market and Derivatives Association of India (FIMMDA) and Primary Dealers' Association of India (PDAI).

The governor said government securities are distinct asset class, and it is important to appreciate the role of the g-sec market in the overall macro interest rate environment of the economy.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)