[ad_1] Representative Image (Photo: Bloomberg) The Reserve Bank of India has decided to discontinue the Incremental Cash Reserve Ratio (I-CRR) by 7 October in a phased manner, […]
Surplus liquidity continues ahead of RBI’s incremental CRR review
[ad_1] Banks continue to park their excess liquidity with the Reserve Bank of India (RBI), indicating that the banking system is flush with funds, ahead of the […]
RBI’s VRRR auction sees tepid demand as banks look for better returns
[ad_1] Banks were hesitant to participate in the Reserve Bank of India (RBI’s) two-day variable rate reverse repo (VRRR) auction on Tuesday as they parked Rs. 67,295 […]