Tag: India
RBI Plans Bond Sales to Manage Liquidity as Government Spending Increases
The Reserve Bank of India (RBI) is gearing up to conduct open market sales of bonds, but the timing and quantity will be closely...
Indian State-Owned Banks Contemplate Reduced Bond Purchases Amid Tightening Liquidity
Indian state-owned banks are poised to reduce their purchases of government bonds as concerns mount over tightening liquidity in the country's banking system. This...
Reserve Bank of India Maintains Key Interest Rate Amidst Expected Decision
India's central bank, the Reserve Bank of India (RBI), has decided to keep its key interest rate unchanged, aligning with market expectations. The decision...
Indian Auxilo Finserve Raises ₹470 Crores to Strengthen Financial Education Sector
Indian financial technology firm Auxilo Finserve has secured a remarkable ₹470 crores in funding to bolster the country's financial education sector. The funding round,...
RBL Bank’s Robust Q1 FY24 Performance: Strong Profit Growth and Efficient...
RBL Bank, a private lender based in Mumbai, showcased an impressive performance in the first quarter ended June 2023, reporting a substantial 43.2% surge...
