Business and Finance
Business and Finance
Thu, January 16, 2025
[ 03:20 AM ] - MSN
[ 01:40 AM ] - sinchew
[ 01:20 AM ] - cnbctv18
[ 01:00 AM ] - Reuters
Wed, January 15, 2025
[ 06:40 PM ] - YourTango
[ 06:40 PM ] - Reuters
[ 05:40 PM ] - Reuters
[ 05:00 PM ] - MSN
[ 04:40 PM ] - MSN
[ 04:20 PM ] - MSN
[ 03:01 PM ] - MSN
[ 02:40 PM ] - Investopedia
[ 02:00 PM ] - Newsroom
Indian central bank's daily liquidity infusion to aid money markets, traders say
- Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will lead to a drop in overnight interbank and money market rates, as well as near-end overnight index swaps,
The article from Reuters discusses how the Reserve Bank of India (RBI) has been actively managing liquidity in the financial system by infusing funds daily through variable rate repo (VRR) auctions. This strategy is aimed at supporting money markets, particularly in light of upcoming bond maturities and tax outflows which could tighten liquidity. Traders have noted that these liquidity injections are crucial as they help in maintaining stability in the money markets, especially when there are significant government bond maturities and tax payments due. The RBI's actions are seen as a response to the need for maintaining adequate liquidity to ensure smooth functioning of financial markets, with the central bank having already conducted several VRR auctions in January 2025.
Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/indian-central-banks-daily-liquidity-infusion-aid-money-markets-traders-say-2025-01-16/ ]
Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/indian-central-banks-daily-liquidity-infusion-aid-money-markets-traders-say-2025-01-16/ ]
Contributing Sources