The Reserve Bank of India (RBI) will conduct a USD/RS buy/sell swap auction on 28 February to inject Rs 86,000 crore into the banking system, aiming to ease liquidity constraints.
The figures released by the RBI shows that outward remittances under the Liberalised Remittances Scheme (LRS) have surged by close to 200 per cent over last year. The Reserve Bank will purchase ...
The Reserve Bank of India (RBI) on Wednesday announced liquidity injection measures, including open market operation (OMO) purchase of Government Securities (G-Secs) and US dollar/Indian rupee Buy ...
RBI has overshot this number with the transfer of Rs 87,000 cr. This was enabled by higher earnings on sale of forex during the year, better returns on forex investments in US treasuries (though ...
The RBI had previously conducted a $10 billion dollar-rupee swap on February 28 to inject long-term liquidity into the system, which saw strong demand.
Systemic liquidity remains in deficit, with ongoing FPI outflows and fiscal pressures, requiring additional RBI intervention to stabilize banking system liquidity The Reserve Bank of India (RBI ...
An investigation found that OCL made foreign investments in Singapore and "did not" file necessary reporting to the Reserve Bank of India (RBI) for the creation of an overseas step-down subsidiary ...
The Reserve Bank of India (RBI) on Saturday said 98.18 per cent of the ₹2000 banknotes in circulation as on May 19, 2023, have been returned till February 28, 2025. The total value of ₹2000 ...
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