RBI will inject durable liquidity through a ₹1 trillion OMO purchase and a $5 billion dollar-rupee swap. Here is what OMOs are, how they work, and why they matter as the rupee weakens
A VRR auction is a monetary tool used by the central bank to inject short-term liquidity into the banking system, offering funds to banks at rates determined by market demand
Reserve Bank of India's unexpected move to release ₹2.5 trillion ($29 billion) starting September may prompt lenders to favour shorter-tenor securities over longer-dated ones
To give context to the significant turnaround in liquidity conditions, the RBI has purchased government bonds worth ₹5.23 trillion spread-over December 2024-end to May 2025
India's banking system, which has an estimated HQLA of almost ₹45 trillion to ₹50 trillion, could have an additional ₹2.7 trillion to ₹3 trillion in lendable resources
Reserve Bank of India will buy bonds worth ₹40,000 crore ($4.67 billion) and will also conduct 43-day repo for ₹1.50 trillion on Thursday
The cash injection has also led to a decline in the weighted average call rate, which represents banks' overnight borrowing costs
The central bank will conduct Open Market Operation purchase auctions of government securities worth Rs 600 bn ($6.96 bn) in three tranches and hold a 56-day variable rate repo auction for Rs 500 bn
World Anaesthesia Day is celebrated every year on Oct 16. It celebrates the importance of anaesthesia and efforts of anaesthesiologists in guaranteeing a positive patient experience
Banks submitted bids worth Rs 1.6 trillion, around 3.2 times against the notified amount of Rs. 50,000 crore, at the two-day VRR auction conducted by the RBI
The Bank Term Funding Program should be able to inject enough reserves into the banking system to reduce reserve scarcity and reverse the tightening that has taken place over the past year
Tax outflows drive tightness; banks face pressure to raise deposit rates
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Lack of repo suggests RBI tolerance of higher money mkt rates: Analysts
Their paper makes the point that creation of huge amounts of money by a central bank need not necessarily galvanise output.
The central bank on Tuesday made two offers, including one to buy bonds worth 2 trillion yen ($17.6 billion) for immediate fund provision
RBI monetary policy 2021: The recent surge in Covid-19 infections, however, imparts greater uncertainty to the outlook, RBI governor Shaktikanta Das said today
The cut-off yield was 4 per cent, which is at par with the policy repo rate
Govt has to find a way to remove the stumbling blocks