The Finance Ministry has permitted the use of municipal bonds as security for repo and reverse repo transactions, permitting municipal bodies to raise funds for infrastructure projects, reported ...
MUMBAI, Sept 13 (Reuters) - Indian central bank on Monday said its committee on monetary policy will review the operating procedure with respect to repo, reverse repo auctions; width of the interest ...
Oct 24 (Reuters) - India's central bank left its reverse repo rate, or the rate at which it absorbs excess cash from banks, unchanged at 6.0 percent at its quarterly policy review on Friday. The ...