Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag RBI absorbs liquidity via reverse repo auction.

flag The Reserve Bank of India announced a ₹2 lakh crore seven-day variable rate reverse repo auction for April 17 to absorb excess liquidity, as system cash reserves reached roughly ₹5.22 lakh crore. flag This move aims to manage short-term rates ahead of expected monthly outflows, with Governor Sanjay Malhotra emphasizing the bank's commitment to financial stability and growth.

9 Articles