The Reserve Bank of India has now provided an online facility for the users to check the security features that one must look at to ensure whether the currency notes are fake or real. In order to identify the special security features, one just needs to press on the images of the notes of Rs. […]
It’s definitely good news for people who have car loan and home loans since the rate of payment is to come down. This is due to the action done by Reserve Bank of India where it slashed cash reserve ratio by 25 basis point to 4.50 %. For the knowledge of everyone, the CRR is […]
The government of India decided last June 22 that they will be buying government securities to ease the liquidity situation. This is one way where the Reserve Bank of India will pump in Rs 12,000 crore into the market through Open Market Operations. For the detail, the RBI will purchase government securities maturing in different […]
Reserve Bank of India raised 120 billion rupees by selling bonds on Friday. RBI also set a cut off price of Rs. 103. 85, yielding 8. 2040% on 8.79% bonds maturing in 2021. The coupon was lower than the forecast of 8.2262 per cent in a Reuter’s poll earlier in the day. Reserve Bank of […]
