The RBI also conducted an overnight variable rate repo (VRR) auction for ₹2.75 lakh crore, where RBI received bids for ₹2.35 ...
The Monetary Policy Committee (MPC), a six-member body within the RBI, determines key rates like the repo rate, reverse repo rate, and CRR, directly influencing the cost of borrowing and ...
Recently, the RBI has implemented important measures to enhance liquidity, such as an Open Market Operation of Rs. 60,000 crore and a 56-day Variable Rate Reverse Repo of Rs. 50,000 crore ...
Daily short-term liquidity management is handled by RBI and other financial institutions using repo rates and reverse repo rates. Repo rate is the interest rate at which commercial banks borrow ...
SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...
Meanwhile, the RBI announced a repo rate cut by 25 bps to 6.25% after nearly ... The recent move aligns with his previous orders to reverse former US president Joe Biden's gender diversity programs.
Rupee plunges to 88 per US dollar, weighed down by American currency strength and tariff concerns, but recovers slightly.
The decision by India's central bank on Friday to reduce its key rate for the first time in five years comes less than a week ...
The Reserve Bank of India (RBI) has declared the release of new banknotes with a denomination of ₹50 signed by Sanjay ...
Prime Minister Narendra Modi is counting on a two-pronged stimulus of tax and interest rate cuts to turn around India’s ...
Prime Minister Narendra Modi is counting on a two-pronged stimulus of tax and interest rate cuts to turn around India’s slowing economy, but investors may need more convincing that the measures will ...