November 23, 2024 08:10 (IST)
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'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
RBI conducts 2-day VRRR auctions as liquidity in banking system nears Rs 1 trillion

RBI conducts 2-day VRRR auctions as liquidity in banking system nears Rs 1 trillion

Mumbai: The Reserve Bank of India on Tuesday held a two-day variable rate reverse repo (VRRR) auction due to the nearing Rs 1 trillion liquidity surplus in the banking system.

Banks request RBI to not raise CRR in next monetary policy meet

Banks request RBI to not raise CRR in next monetary policy meet

Mumbai: Banks have approached the Reserve Bank of India (RBI), requesting not to further increase the Cash Reserve Ratio (CRR) threshold in the upcoming monetary policy meeting to allow credit growth amid already tightened liquidity following the last monetary policy in early May.

Liquidity not a crisis, Sitharaman says after meeting bank chiefs

Liquidity not a crisis, Sitharaman says after meeting bank chiefs

New Delhi, Sept 27 (IBNS): Union Finance Minister Nirmala Sitharaman on Thursday said liquidity is not a crisis after meeting banks and financial institutions' chiefs.

We believe liquidity needs are largely met: RBI Governor Shaktikanta Das

We believe liquidity needs are largely met: RBI Governor Shaktikanta Das

Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.