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.
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
India's benchmark indexes opened higher, led by financials which gained after the Reserve Bank of India announced a slew of ...
The Reserve Bank of India has taken action against Aviom India Housing Finance Private Limited by filing for a corporate insolvency resolution process due to governance concerns and payment defaults.
RBI has superseded the board of directors of AVIOM India Housing Finance, citing governance concerns and defaults in meeting ...
The Reserve Bank of India's unexpected purchase of government bonds pushed down bond yields on Monday and raised bets for a ...
India's digital payments have skyrocketed, increasing 94 times in volume and 3.5 times in value over the past decade. A ...
Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central ...
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