RBI, swap and India

India's RBI announces mega $10 billion FX swap to infuse rupee liquidity
The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable rupee liquidity into the banking system, which has been reeling under large cash deficits,
India's RBI must infuse Rs 1 lakh crore by March-end to ease bank liquidity gap, analysts say
The Reserve Bank needs to inject at least Rs 1 lakh crore into the banking system by March-end due to a liquidity deficit. Despite recent cash infusions and a rate cut, the deficit was around Rs 1.7 lakh crore.
RBI plans $10 billion dollar-Re swap to improve liquidity
MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.
India's RBI must infuse 1 trillion rupees by March-end to ease bank liquidity gap, analysts say
India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March-end as durable liquidity remains in a deficit despite a recent cash infusion,
RBI to conduct $10 billion forex currency exchange to infuse liquidity in India's banking system
India's central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a $10 billion USD/INR Buy/Sell auction for the tenure of three years.
India's central bank weighs some relief for New India Co-op Bank depositors, sources say
The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special ...
India Today3d
RBI may allow some depositors of New India Co-op Bank to withdraw funds: Report
Last week, the RBI took strict action against New India Co operative bank by suspending deposit withdrawals for six months, ...
New India Co-operative Bank update: Will RBI give some relief to depositors?
The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...
devdiscourse2d
RBI Proposes End to Penalties on Floating Rate Loan Pre-Payments
The Reserve Bank of India (RBI) has proposed eliminating foreclosure and pre-payment penalties on floating rate loans for individuals and micro, small enterprises. The draft aims to promote ...
RBI freezes New India Cooperative Bank deposits after missing funds complaint; assures safety of deposits up to Rs 5 lakh
More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...
New India Co-op Bank: RBI uncovers massive fraud of Rs 122 crore; know what’s the case
The RBI conducted an audit at the New India Co-op Bank’s head office in Prabhadevi and Goregaon branch. Probing officials ...
The Financial Express9d
RBI restricts New India Co-operative Bank from doing fresh business, withdrawal of funds- Here is all we know
Reserve Bank of India (RBI) has issued a notice to New India Co-operative Bank imposing restrictions, which prohibits it from ...
devdiscourse11d
Kotak Mahindra Bank Regains RBI Approval for New Customer Onboarding
The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to onboard new customers via online and ...
Ex-CEO of New India Co-Op Bank, banned by RBI, arrested in ₹122 crore embezzlement case
Economic Offences Wing (EOW) of Mumbai Police has arrested former chief executive officer (CEO) of the New India Co-Operative ...