The Reserve Bank of India said it received no bids at its one-day reverse repo auction on Tuesday, through which it absorbs excess liquidity from the banking system. Earlier in the day, it accepted ...
MUMBAI (Reuters) -Indian banks are likely to adopt a cautious approach in deploying funds at the central bank's reverse repo auction which is likely to take place on Friday after a recent cash crunch ...
The persistent surplus has kept overnight money market rates under pressure, often trading below the repo rate, and this may prompt the central bank to consider active liquidity management measures.
Security Bank Corporation on Friday said it has partnered with Toyota Auto Auction (TAA), the auction services arm of Japanese trading company Toyota Tsusho Philippines, to optimize the sale of the ...