The need for money among banks, especially for short-term funds, may turn more intense in the last month of the financial year to feed the demand for capital for tax payments and meet year-end......
The Reserve Bank of India (RBI) conducted two overnight variable rate reverse repo (VRRR) auctions on Tuesday, marking the first instance of such action in a single day. Photograph: PTI Photo from......
The Reserve Bank of India (RBI) on Monday did a four-day variable rate reverse repo (VRRR) auction to reduce liquidity in the banking system as the overnight money market rates fell below the repo......
'This year in the first half we had profits of more than Rs 31,000 crore.' 'We have a plan to plough back a significant amount of profits this financial year.' 'We have seen this organic plough......
Banks submitted bids amounting to Rs 4.75 trillion, around 2.5 times of the notified amount of Rs 1.75 trillion, at the Variable Rate Reverse Repo (VRR) auction conducted by the Reserve Bank of......
After 28 matches at the Indian Premier League, Mumbai Indians seems to be the dominant force with Sachin Tendulkar and Lasith Malinga leading the batting and bowling charts respectively. Rajneesh......