Tag: Monetary policy
Record $10 Billion Dollar/Rupee Swap Auction by RBI for Liquidity Ease
The Reserve Bank of India (RBI) is gearing up for its largest-ever $10-billion dollar/rupee buy-sell swap auction on February 28 in a bid to tackle the persistent liquidity deficit in the banking system. This...
RBI Expected to Cut Rates by 25 Basis Points in April
The Reserve Bank of India (RBI) is anticipated to implement a 25 basis points reduction in rates in April, according to various foreign banks and brokerages. The move follows the recent monetary easing and...