Central bank announces variable rate reverse repo auctions (VRRR) to suck out liquidity
RBI paper has said going ahead outright OMOs along with Operation Twists will continue to be potent tools in the central bank's arsenal
CA Rover Holdings on Wednesday divested 4.25 per cent stake in SBI Cards and Payment Services Ltd for Rs 3,943 crore through an open market transaction.
Since August, the central bank has tried to keep the 10-year yields below 6 per cent.
The central bank said it will conduct simultaneous purchase and sale of government securities for Rs 10,000 crore each under Open Market Operations
In a notification on its website, the central bank said it would buy Rs 20,000 crore of bonds from the secondary market, and sell Rs 15,000 crore of bonds
The decision was taken after a review of current liquidity and financial conditions, RBI said in a statement
This shows that contrary to what the bond market says, the RBI is pumping in enough liquidity in the system
RBI devolves over Rs 20,000 crore in Rs 31,000-crore bond auctions
China's central bank pumped cash into the financial system through open market operations
The central bank is offering commissions as high as 50 paise per Rs 100 face value for a bond maturing in 2050, compared with just 1.24 paise on April 30, 2020
The central bank on Friday devolved nearly the entire bond auction on primary dealers, as the markets were demanding higher yields for five-year and 10-year bonds being sold
The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs)
There is an outside chance of the central bank announcing a rate cut in its monetary policy on Friday, since growth at any cost remains the mantra
The Reserve Bank of India will conduct simultaneous purchase and sale of government securities under open market operations for Rs 10,000 crore each on January 7
FPA Global Opportunity Fund on Tuesday sold nearly 10 lakh shares of CARE Ratings Ltd worth about Rs 52 crore through an open market transaction.
The Reserve Bank of India will conduct the third auction of state developments loans (SDLs) aggregating Rs 10,000 crore under the Open Market Operations (OMO) on December 23. The Reserve Bank has conducted two OMOs in SDLs covering all states/UTs for a cumulative amount of Rs 20,000 crore. The first-ever auction under OMOs in SDLs was conducted in October and the second in November. "It has now been decided to conduct another purchase auction of SDLs under Open Market Operations (OMOs) for an aggregate amount of Rs 10,000 crore on December 23, 2020," it said in a statement. The central bank will purchase the SDLs through a multi-security auction using the multiple price method. There is no security wise notified amount. The RBI had decided to conduct OMOs in SDLs as a "special case" during the current financial year with an aim to improve liquidity and facilitate efficient pricing. At present, SDLs are eligible collateral for Liquidity Adjustment Facility (LAF) along with T-bills,
RBI said it will conduct simultaneous purchase and sale of government securities under the Open Market Operations for an aggregate amount of Rs 10,000 crore each on December 17
F Born AG on Tuesday sold more than 22 lakh shares of Tata Coffee Ltd, worth over Rs 23 crore, through an open market transaction.
RBI report lauds Odisha, Haryana for dipping into own 'rainy funds' instead of borrowing more; views Gujarat, UP and Punjab as over-leveraged