The central bank's initiative is designed to provide a durable solution to the system's liquidity requirements, while also ...

Under such an arrangement, the central bank purchases dollars from banks in lieu of the rupee, thereby injecting liquidity ...

India’s central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a ...

In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 .

RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost ...

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The minutes of RBI's last monetary policy meeting have been released. This was the first meeting under new governor Sanjay ...

The Reserve Bank on Friday announced a huge USD 10 billion dollar-rupee swap auction programme to inject durable liquidity in the banking system. The USD/INR Buy/Sell swap auction of USD 10 billion ...

Kumar was one of the six MPC members who voted for a cut in the repo rate cut in the February monetary policy due to growth ...

The RBI’s inflation target is set at 4 per cent, with a flexible band of 2 per cent on either side. After surpassing the upper tolerance band in October, headline inflation has since moderated, ...

This marks the largest-ever dollar/rupee swap auction by the RBI. The move comes amid an ongoing liquidity deficit in the ...