MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

RBI monetary policy: As Budget 2025 showcased ... India's gross domestic product (GDP) figures have been declining in the recent quarters. Falling for the third consecutive quarter, India's ...

The RBI will conduct the buy/sell swap on February 28, it said in a release. The first leg of the transaction would be settled on March 4 and could infuse around 870 billion rupees ($10 billion ...

CHENNAI: The abandoned staff quarters in the Southern Railway East Colony at Tambaram have purportedly become a den for anti-social elements after dark, posing a risk to the safety of commuters ...

According to civic technology platform Monitng, the General Hospital Staff Quarters, meant to accommodate healthcare workers, has been left in a state of total neglect. Doctors and nurses in ...

RBI expected to cut BPS rate by Friday (Image source: Pexels) The Reserve Bank of India (RBI) is expected to cut rates by 25 basis points on Friday. In a poll of 15 economists, 11 expect a 25-bps ...

The monetary policy committee (MPC) that met under the new RBI Governor, Mr Sanjay Malhotram revised the repo rate from 6.50 per cent to 6.25 per cent. The MPC also decided unanimously to continue ...

“This shift in rupee management, coupled with a renewed focus on policy orthodoxy is a clear sign of a change in RBI’s policy playbook, in our view,” said Rahul Bajoria, Head of India ...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to cut the repo rate for the first time in nearly five years in its upcoming meeting scheduled from February 5 to 7.

RBI's proposal to remove foreclosure charges on loans up to Rs 7.5 crore could significantly impact PNB Housing Finance and Aditya Birla Capital, with 27% and 26% of their assets in floating-rate ...