The RBI accepted Rs. 1.25 trillion in the 7-day VRRR auction at a cut-off rate of 5.49%, with a major uptick in demand after last week's Rs. 2 trillion reversal
Liquidity in the system had a deficit of Rs 2.4 trillion towards the end of the last financial year (on March 23); it is now in surplus of around Rs 3 trillion
Liquidity infusion by the Reserve Bank of India (RBI) has eased funding pressure on banks
It met economists on Thursday for pre-policy consultation; economists divided over change in stance
The report predicts that the RBI could cut the repo rate by 25 basis points in its February 2025 policy meeting, with a total reduction of at least 75 basis points over the entire easing cycle
The liquidity drought may be deliberate. Unlike Beijing, New Delhi has every reason to be sanguine about growth
Banks made these suggestions to industry body Fixed Income Money Market and Derivatives Association of India (FIMMDA) on Wednesday
The RBI had said it would review the I-CRR decision on or before September 8
The new timings for the fixed rate reverse repo operations and MSF operations will be from 1730 hrs to 2359 hrs, said RBI in a statement
High borrowing numbers in the budget as well as absence of any steps to facilitate global bond index inclusion roiled the domestic markets, pushing the yield on the benchmark debt to 6.8
The central had till now been simultaneously buying and selling bonds of equal amounts to keep the operation liquidity neutral.
Interest rates on home loans are at historic lows currently
RBI has expanded liquidity in the system sizably to ensure financial markets and institutions are able to function normally, in the face of Covid-related dislocation
The three-year swap will take place through an auction on March 26
This liquidity will return only in the next financial year as the government starts spending
Ficci said the present situation demands that the RBI and the government work to bring in measures to improve the liquidity scenario in the coming months
Reserve Bank of India has decided to boost liquidity conditions in the market
The RBI said banks can now consider 2 percentage points of their statutory liquidity ratio as part of the liquidity coverage ratio
The system liquidity is in ample surplus at this point
The RBI narrowed the 'corridor' of its liquidity adjustment facility (LAF) by 25 basis points (bps)