Section

RBI injects funds to rein in bank funding costs amid forex outflows

By Economic Times - 4 weeks ago
The RBI's recent ₹25,000 crore VRR auction aims to mitigate liquidity pressures from overseas capital outflows and festive cash demands. This follows the central bank's policy shift to a neutral stance, indicating more tolerance for easier liquidity conditions to support the banking system.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.