The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond ...
Surveillance of branches and automated teller machines (ATMs) is not new to the banking industry, however, while they have ...
February will have a total of 14 non-working days, including a few state bank closures observing national and regional ...
India's benchmark indexes opened higher, led by financials which gained after the Reserve Bank of India announced a slew of ...
The Reserve Bank of India has filed for insolvency proceedings against Aviom India Housing Finance after superseding its ...
The Reserve Bank of India has taken action against Aviom India Housing Finance Private Limited by filing for a corporate insolvency resolution process due to governance concerns and payment defaults.
The regulatory action comes two months after the lender said that it has received a notice from its statutory auditors, ...
The Reserve Bank of India has initiated a corporate insolvency resolution process against Aviom India Housing Finance due to ...
The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on Friday showed.