The Reserve Bank of India (RBI) on Friday conducted a 7-day Variable Rate Reverse Repo (VRRR) auction under its Liquidity Adjustment Facility (LAF), receiving robust participation from banks amid a ...

India’s foreign exchange reserves rose to $702.78 billion for the week ending June 27, reaching the record high set in late ...

On the other hand, the Reserve Bank of India did not raise the quantum of its seven-day variable rate reverse repo from last week, even as most were expecting a rise, and this could bode well for the ...