Latest Updates Around The World
Mumbai: The Reserve Bank of India (RBI) on Friday announced three liquidity-boosting measures that, experts said, are aimed at significantly increasing system liquidity to a sustainable surplus and helping in the transmission of interest rate cuts already implemented over the past year. The RBI will buy an open market operation (OMO) of ₹1 lakh crore […]
Mumbai: The Reserve Bank of India (RBI) on Monday injected ₹50,000 crore into the banking system through an open market purchase auction, with participants bidding more than double the notified amount. Participants offered ₹1.22 lakh crore for a notified amount of ₹50,000 crore in the open market operations (OMO), with the 6.64% GS 2035 paper […]
The Indian bond market remained steady throughout the month, with 10-year government bond yields falling four basis points to 6.49%, according to Axis Mutual Fund’s Fixed Income Review.The tone in global markets was also supportive, as US Treasury yields fell on growing expectations that the US Federal Reserve would announce a rate cut at its […]
