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RBI Sets Up Term Repo for 50,000 cr. on Friday, But No Real Liquidity Being...
RBI will do a term repo for Rs. 50,000 crore on Friday, March 14. Remember that March 15 is the due date for income tax advance payments when companies have to pay all of their taxes. The money will go...
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Forex Reserves Go To $318 bn, But RBI Sells Govt Bonds to Keep Money Supply...
As Forex Reserves Rise to $318 billion, we note that the reserve build-up has flattened a bit. However in the longer term, the current dip could be just noise – the trend is up since August last year....
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