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Rs 1 Coin Production Cost Exceeds Its Value – What About Rs 2, Rs 5 And Rs 10 Coins
New Delhi: For many, it might come as a surprise that it costs more than its value to mint Rs 1 coin. In response to an RTI filed in 2018, RBI made this revelation where it disclosed that it costs ...
Mint9d
RBI to conduct OMO purchase auctions, rupee-dollar swaps worth ₹1.9 trillion for India’s liquidity boost
Under the OMO auctions, RBI will purchase government securities worth ₹1 trillion in two tranches of ₹50,000 crore each, to be held on 12 March and 18 March. The central bank will also conduct ...
The Financial Express9d
RBI to inject Rs 1.9 lakh crore liquidity via bond purchases, USD/INR swaps
The RBI stated that it will carry out Open Market Operation (OMO) purchases of Government of India securities worth Rs 1 lakh crore in two phases. The first auction of Rs 50,000 crore is scheduled ...
Business Line22d
RBI to conduct 3-year dollar/rupee buy/sell swap
The Reserve Bank of India will conduct a longer duration dollar/rupee buy/sell swap to infuse durable liquidity into the banking system next week, the central bank said on Friday. The RBI will ...
The Telegraph20d
RBI announces $10 billion liquidity infusion through dollar-rupee buy/sell swap
The Reserve Bank of India (RBI) on Friday announced a massive $10 billion liquidity infusion through a dollar-rupee buy/sell swap ... Currently, the shortage stands at ₹1.87 trillion. However, it is ...
Business Today21d
RBI to conduct record $10-billion dollar/rupee swap auction to ease liquidity strain
The Reserve Bank of India (RBI) will conduct its largest-ever $10 ... India’s banking system faced a liquidity shortfall of around Rs 1.7 lakh crore. The central bank has further injected ...