RBI to monitor financial mkts closely after serial blasts

Mumbai, July 12 (UNI) The Reserve Bank of India(RBI) today said that it would monitor the financial markets closely after a series of bomb blasts in the financial hub Mumbai last evening.

''The Reserve Bank of India would as usual continue to closely monitor the financial markets,'' a RBI statement said.

Further, the apex bank said critical payment systems such as a real time gross settlement system and negotiated dealing system for trading in government bonds would function normally.

''All auctions, including liquidity adjustment facility and treasury bills would be conducted as scheduled,'' it said.

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