MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.
What happened: Aside from blue-chip coins like Bitcoin and Ethereum, said to be at the “heart” of the reserve, popular ...
The monetary policy committee (MPC) that met under the new RBI Governor, Mr Sanjay Malhotram revised the repo rate from 6.50 per cent to 6.25 per cent. The MPC also decided unanimously to continue ...
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RBI expected to cut BPS rate by Friday (Image source: Pexels) The Reserve Bank of India (RBI) is expected to cut rates by 25 basis points on Friday. In a poll of 15 economists, 11 expect a 25-bps ...
Differing from prior calls for a national bitcoin stockpile, the strategic reserve will have bitcoin, ether, Ripple’s XRP, ...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to cut the repo rate for the first time in nearly five years in its upcoming meeting scheduled from February 5 to 7.
RBI's proposal to remove foreclosure charges on loans up to Rs 7.5 crore could significantly impact PNB Housing Finance and Aditya Birla Capital, with 27% and 26% of their assets in floating-rate ...
Continuing measures to inject liquidity into the banking system, the Reserve Bank on Wednesday said it will conduct open ...
While very near tenor interbank sell-buy swaps to manage the surplus dollars had pushed up swap rates, the RBI absorbed some of the excess via a $5 billion buy/sell dollar-rupee swap last week.
The RBI MPC will commence its final meeting of the financial year today and the decision on interest rats will be announced on February 7. (Image/Reuters) The RBI MPC will commence its final ...