The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The move follows dollar inflows, with Governor Sanjay Malhotra signalling multiple tools to manage surplus funds.

The Reserve Bank of India is using USD/INR sell-buy swaps to absorb a 9.7–15 trillion rupee liquidity surplus after a foreign deposit scheme

India's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system. The Reserve Bank of India sells…

The Reserve Bank of India plans a significant 26-day auction this Friday, targeting the withdrawal of Rs 5 lakh crore from the inter-bank market. This extended operation aims to…

India Business News: MUMBAI: Surplus liquidity in India's money market has crossed Rs 11 lakh crore, leaving Reserve Bank of India to mop up an unusually large pool of cas.

The Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liquidity in the banking sector. This strategic move comes in response to…

The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The move follows dollar inflows, with…