The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...
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.
The Reserve Bank of India, on Monday, announced a slew of measures to inject liquidity into the banking system. The central ...
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
February will have a total of 14 non-working days, including a few state bank closures observing national and regional ...
India's benchmark indexes opened higher, led by financials which gained after the Reserve Bank of India announced a slew of ...
Surveillance of branches and automated teller machines (ATMs) is not new to the banking industry, however, while they have ...
The credit to MSMEs grew 13% YoY against 6.1% for large enterprises at the end of November 2024, noted the Survey ...
RBI has superseded the board of directors of AVIOM India Housing Finance, citing governance concerns and defaults in meeting ...
The regulatory action comes two months after the lender said that it has received a notice from its statutory auditors, ...
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