The Reserve Bank of India (RBI) has announced a significant measure to address the persistent liquidity deficit in the nation’s banking system by initiating a $10 billion dollar-rupee buy/sell swap auction. Scheduled for February 28, 2025, this operation aims to inject approximately ₹870

The Reserve Bank of India unveils initiatives to infuse ₹1.5 lakh crore into the banking system, aiming to address liquidity deficits and stabilize interest rates.