The RBI sought to buy five Goverment Securities (G-Secs/ GS) via the OMO purchase auction from Banks. But it accepted offers ...

The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and ...

Reserve Bank of India bought bonds worth Rs 20,020 crore($2.31 billion) at an open market operation (OMO) on Thursday. The 10 ...

Educator and author Omo Moses was born in 1972 in Tanzania, where his parents, Janet and Bob Moses, had moved in 1969. In the ...

Tata Technologies has confirmed a ransomware incident that impacted several of its IT assets. As a precaution, certain IT services were temporarily suspended but have since been restored. The company ...

The cut-off price on the bonds scheduled was set below the secondary market price due to high demand, said market participants ...

Liquidity has been a concern as banks have been grappling for stable deposits for months. This is reflected in an increase in ...

The RBI has announced several significant steps to increase liquidity in the banking system, including Open Market Operations (OMO), Variable Rate Repo (VRR), and Forex Swap Auctions. To improve the ...

The OMO purchase will be undertaken in three tranches of Rs 20,000 crore each, wherein RBI will buy government securities ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

RBI Governor Sanjay Malhotra urges banks to address IT risks, enhance financial inclusion, and combat rising digital frauds ...