Mumbai, March 9 (IANS) The Reserve Bank of India on Monday injected Rs 50,000 crore into the banking system by purchasing government securities through an Open Market Operation (OMO), aiming to maintain comfortable liquidity conditions ahead of expected tax-related outflows.Under the operation, the central bank purchased several bonds with different maturity periods.These included 6.33 per cent government securities maturing in 2035 worth Rs 13,507 crore and 6.01 per cent bonds maturing in 2030 …
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Mumbai, Feb 16 (IANS) Currency in circulation (CiC) in India reached an all‑time high of about Rs 40 lakh crore by January 2026 end, with year‑on‑year growth accelerating to 11.1 per cent from 5.3 per cent last year, a report said on Monday.The report from SBI Research said on an incremental basis (YTD), the currency with public (CWP), accounting for 97.6 per cent of the circulated currency, reached an all time high of around Rs 39 lakh crore. Meanwhile, CiC surged Rs 2.76 lakh crore or 3….
Mumbai, Jan 23 (IANS) The Reserve Bank of India (RBI) on Friday announced a series of liquidity-enhancing measures that will pump in more than Rs 2 lakh crore into the banking system to ease liquidity pressure.The RBI said it will use a combination of open market bond purchases, a foreign exchange swap, and a variable rate repo operation to ease liquidity conditions in the financial system. The steps are being undertaken following a review of current liquidity and financial conditions.As part of…
New Delhi, Jan 9 (IANS) The lack of certainty in Pakistan’s fiscal, legal, strategic, and administrative framework has emerged as a key factor in the current economic stagnation of the country, according to an article in the Pakistani media.The News International article underlines that Pakistan’s banking system is liquid, its factories are full of potential, and foreign exchange is stable, supported by remittances and external programmes.From July to December 2025, the currency in circulation…
Mumbai, Dec 26 (IANS) India’s foreign exchange reserves rose sharply by $4.36 billion to $693.32 billion for the week ending December 19, according to data released by Reserve Bank of India (RBI) on Friday. The increase reflects the central bank’s efforts to manage liquidity and maintain stability in the foreign exchange market.The RBI said it closely tracks developments in the forex market and steps in whenever required to ensure orderly trading conditions.These interventions are aimed at r…