The Reserve Bank of India said it received no bids at its one-day reverse repo auction on Tuesday, through which it absorbs excess liquidity from the banking system. Earlier in the day, it accepted ...

India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...

MUMBAI (Reuters) -Indian banks are likely to adopt a cautious approach in deploying funds at the central bank's reverse repo auction which is likely to take place on Friday after a recent cash crunch ...

Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions ...