Posted On: 12/05/2012 7:50:01 AM
Post# of 28539
The Reserve Bank of India (RBI) said on Wednesday, it did not
receive any bids at its one-day reverse repo auction, through
which it absorbs excess liquidity from the banking system.
Earlier in the day, it accepted all 32 bids for 796.25
billion rupees ($14.61 billion) at its one-day repo auction,
through which it injects liquidity into the banking system.
REPO
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receive any bids at its one-day reverse repo auction, through
which it absorbs excess liquidity from the banking system.
Earlier in the day, it accepted all 32 bids for 796.25
billion rupees ($14.61 billion) at its one-day repo auction,
through which it injects liquidity into the banking system.
REPO
View More


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