RBI asks HDFC to stop new digital business launches and avoid adding new Credit Card customers

RBI to conduct first-ever Open Market Operation purchase of State Developments Loans on October 22

Reserve Bank of India will conduct its first-ever Open Market Operation (OMO) purchase of State Developments Loans (SDLs) on 22nd October. The OMOs worth ten thousand crore rupees will be conducted as a special case during the current financial year with an aim to improve liquidity and facilitate efficient pricing. The size of the auctions …

RBI to conduct first-ever Open Market Operation purchase of State Developments Loans on October 22 Read More »