Saturday, March 15, 2025

Creating liberating content

MUMBAI: A special court rejected CBI’s chargesheet against Indiabulls Housing

BHOPAL: A police rescue operation in MP’s Mauganj turned fatal

Related News

MUMBAI: A special court rejected CBI’s chargesheet against Indiabulls Housing Finance Ltd (IHFL), share broker Sanjay Dangi, and DB Realty promoters (Shahid Balwa and Vinod Goenka) along with their associate

BHOPAL: A police rescue operation in MP’s Mauganj turned fatal on Saturday when a mob lynched both the hostage and an ASI.SDPO Ankita Sulya, who led the rescue operation, recounted

“Ye to vardi ko bhi apni jaagir samajhte hai”: Giriraj Singh lambasts Tej Pratap over his order to cop on Holi NEW DELHI: Union Minister Giriraj Singh on Saturday criticized

Houthis: Attacks on Israeli ships to resume Houthi rebels in Yemen say they’re resuming attacks on Israeli ships 02:59 The U.S. launched strikes Saturday in Yemen as President Trump said

NEW DELHI: The parliamentary panel on railways has reiterated that railways should review AC fares, implement dynamic pricing models for AC classes and premium trains, and regularly review flexi-fare schemes

NEW DELHI: Mumbai Indians secured their second Women’s Premier League (WPL) title with a thrilling 8-run victory over Delhi Capitals in the final at the Brabourne Stadium in Mumbai on

Trending News

MUMBAI: A special court rejected CBI’s chargesheet against Indiabulls Housing Finance Ltd (IHFL), share broker Sanjay Dangi, and DB Realty promoters (Shahid Balwa and Vinod Goenka) along with their associate

Gold prices have reached new record highs, but Gold ETFs experienced a notable slowdown in February, with monthly inflows dropping by 47.22% to Rs 1,979 crore, compared to Rs 3,751

India’s foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in

BENGALURU: Wipro has realigned its global business lines (GBLs) to expand its go-to-market capabilities to meet clients’ business needs in emerging technologies driven by AI, cloud, and digital transformation. Wipro

Hon Hai Precision Industry Co. posted a surprise earnings fall after weak Chinese iPhone sales eroded margins, though the Nvidia Corp. supplier forecast a doubling in AI-related revenue this quarter.The

BENGALURU: Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM, has agreed to put $17.5 million into a fund to settle pending class-action lawsuits and resolve allegations following a cybersecurity

RBI rejects all bids at auction to ease liquidity

Word Count: 512 | Estimated Reading Time: 3 minutes


RBI rejects all bids at auction to ease liquidity

MUMBAI: In a move aimed at easing liquidity in the banking system, RBI rejected all bids for its Rs 26,000 crore auction of 91-day and 182-day treasury bills on Thursday. The decision comes amid a cash squeeze, aggravated by RBI’s intervention in the forex market, where it has been selling dollars and draining rupee liquidity.
However, it accepted bids for Rs 7,000 crore in its auction of 364-day treasury bills at a yield of 6.56%. Meanwhile, RBI conducted open market operations, accepting offers to sell bonds worth Rs 40,000 crore as part of its liquidity infusion measures.
The banking system liquidity remains in deep deficit, despite recent cash injection measures by RBI. Banks have borrowed around Rs 2 lakh crore from the central bank as of Wednesday. The govt is likely maintaining a comfortable cash balance after tax collections, which gave RBI the headroom to reject bids.
The auction marks end of RBI’s month-long liquidity infusion package. Market participants now await central bank’s next steps to address liquidity deficit. Over five weeks, RBI has bought bonds worth Rs 1 lakh crore via auctions and another Rs 38,800 crore via secondary market transactions.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account