The RBI has announced several significant steps to increase liquidity in the banking system, including Open Market Operations (OMO), Variable Rate Repo (VRR), and Forex Swap Auctions. To improve the ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and ...

The RBI sought to buy five Goverment Securities (G-Secs/ GS) via the OMO purchase auction from Banks. But it accepted offers ...

The cut-off price on the bonds scheduled was set below the secondary market price due to high demand, said market participants ...

Liquidity has been a concern as banks have been grappling for stable deposits for months. This is reflected in an increase in ...

Meanwhile, the SBP also conducted a Shariah-compliant Mudarabah-based OMO for the two-day tenor and injected Rs299 billion ...

Obesere has given some of his band members a house and land on his 60th birthday. He called them to the stage, and they were ...

The Ibadan-born singer thrilled guests with his performance, taking the stage to deliver some of his hit songs while stealing ...

Fuji musician, Obesere's wife was recently spotted at his 60th birthday party. After the video went viral, several netizens ...

Nigerian Fuji star, Abass Akande Obesere, celebrated his 60th birthday on January 28, 2025, with a grand party attended by ...

The rupee pared its initial losses and settled for the day on a positive note, higher by 2 paise to close at 86.55 against the US dollar on Wednesday, supported by positive domestic markets, while a ...