RBI to inject Rs 12,000 crore liquidity on 15 November
NEW DELHI: The Reserve Bank of India (RBI) on Tuesday announced it will inject Rs 12,000 crore into the system through purchase of government securities on 15 November. “Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the RBI has decided to conduct purchase of the following […]
Surplus, liquidity issues likely to rock RBI’s November 19 board meeting
NEW DELHI: The RBI’s board meeting on November 19 is expected to be a stormy affair in the backdrop of the ongoing tussle between the government and the central bank, sources said, adding that some members are likely to raise issues concerning capital framework, management of surplus and liquidity measures for MSMEs. Tensions between the […]
Reserve Bank of India unlikely to hike repo rate in October despite weak Indian Rupee
MUMBAI: Weakness in the Indian Rupee does not offer a sufficient alibi for a rate hike and the Reserve Bank of India (RBI) may go for a status quo at the policy review next month, a Japanese brokerage said on Friday. The markets have priced in tightening as well, but it is unlikely to materialise, […]