India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...
May 2 (Reuters) - The Reserve Bank of India said on Wednesday, it accepted all 56 bids for 1.23 trillion rupees ($23.25 billion) at its one-day repo auction, through which it injects liquidity into ...
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