The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
India's benchmark indexes opened higher, led by financials which gained after the Reserve Bank of India announced a slew of ...
Surveillance of branches and automated teller machines (ATMs) is not new to the banking industry, however, while they have ...
February will have a total of 14 non-working days, including a few state bank closures observing national and regional ...
India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond ...
The Reserve Bank of India has taken action against Aviom India Housing Finance Private Limited by filing for a corporate insolvency resolution process due to governance concerns and payment defaults.
RBI has superseded the board of directors of AVIOM India Housing Finance, citing governance concerns and defaults in meeting ...
Press Trust of India on MSN7h
RBI files application for insolvency proceedings against Aviom India Housing FinanceThe RBI on January 30, 2025, said it has filed an application with the National Company Law Tribunal, New Delhi bench, for ...
India's digital payments have skyrocketed, increasing 94 times in volume and 3.5 times in value over the past decade. A ...
The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on Friday showed.
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