The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable rupee liquidity into the banking system, which has been reeling under large cash deficits,

Under such an arrangement, the central bank purchases dollars from banks in lieu of the rupee, thereby injecting liquidity into the system. This is reversed after a certain period of time at the forwa

The Reserve Bank of India (RBI) will conduct a three-year US dollar-rupee buy-sell swap auction of $10 billion on 28 February to inject liquidity into the banking system. “In order to meet the durable liquidity needs of the system, the Reserve Bank has ...

India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March-end as durable liquidity remains in a deficit despite a recent cash infusion,

MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost liquidity.

The Reserve Bank of India will conduct a USD 10 billion forex swap auction to inject long-term liquidity into the banking system. This move aims to address durable liquidity needs.