The RBI has announced several significant steps to increase liquidity in the banking system, including Open Market Operations (OMO), Variable Rate Repo (VRR), and Forex Swap Auctions. To improve the ...

A registered nurse practicing in the United States has opened up about how much she earned back in Nigeria. The amount got ...

Tata Technologies has confirmed a ransomware incident that impacted several of its IT assets. As a precaution, certain IT services were temporarily suspended but have since been restored. The company ...

Liquidity has been a concern as banks have been grappling for stable deposits for months. This is reflected in an increase in ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

Reserve Bank of India bought bonds worth Rs 20,020 crore($2.31 billion) at an open market operation (OMO) on Thursday. The 10 ...

The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and ...

The RBI sought to buy five Goverment Securities (G-Secs/ GS) via the OMO purchase auction from Banks. But it accepted offers ...

The cut-off price on the bonds scheduled was set below the secondary market price due to high demand, said market participants ...