Tag: RBI
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RBI sells ₹25,000 crore of G-secs in OMO to mop up surplus banking liquidity
The Reserve Bank of India (RBI) accepted bids worth ₹25,000 crore in the second tranche of its open market operation (OMO) sale of government...
India’s forex reserves drop by $4.9 billion to $780.7 billion: RBI data
India’s forex reserves dropped by $4.924 billion to $780.782 billion during the week ended September 11 due to a fall in foreign currency and...
Nomura expects two RBI rate hikes and a December Fed increase, says Robert Subbaraman
The Reserve Bank of India (RBI) is likely to raise interest rates twice by a total of 50 basis points as inflation threatens to...
Introduction of MDR on large value transactions to strengthen UPI’s long-term sustainability: RBI
The introduction of Merchant Discount Rate (MDR) on large-value UPI transactions is an important step towards strengthening the long-term sustainability of India's digital payments...
SBI Research advocates 50-bps RBI rate hike by December as oil and global yields rise
Time flies — and so has the market's rate outlook. Just a month ago, expectations were largely tilted towards a prolonged pause. But the...
