First OMO purchase auction under RBI’s latest liquidity infusion measures gets huge response from banks
The RBI sought to buy five Goverment Securities (G-Secs/ GS) via the OMO purchase auction from Banks. But it accepted offers ...
RBI purchases bonds via OMO, while managing market sentiments
The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and illiquid bonds to manage market sentiments. The operation involved purchasing ...
RBI Tightens Penalty Norms for Payment Systems Law Enforcement Actions
The Reserve Bank of India has revised penalty norms under the Payment and Settlement Systems Act to enhance enforcement actions against violations.
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Ellis, Wyckoff Named Preseason All-SEC
Arkansas senior first baseman Bri Ellis and junior utility player Kailey Wyckoff were named Preseason All-SEC as the Razorbacks were predicted to finish seventh in a vote by the league’s coaches, the ...
Press Trust of India on MSN26m
RBI files application for insolvency proceedings against Aviom India Housing Finance
The Reserve Bank on Thursday said it has filed an application with the National Company Law Tribunal, New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Hou ...