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The Ministry of Finance will raise Rs 32,000 crore through the sale of two long-term government securities in an auction to be conducted by the Reserve Bank of India (RBI) on September 26 in Mumbai, according to an official statement. Two lots of Rs 16,000 crore each The first lot is the “6.68 per cent…
Last Updated:June 12, 2025, 08:03 is Banks have started cutting FD rates, reducing returns for retirees and conservative investors who rely on them Repo Rate Impact On FD Savings The Reserve Bank of India’s recent decision to reduce the repo rate by 50 basis points to 5.50% has created a ripple effect across the financial…
Mumbai: The Reserve Bank of India will sell government bonds worth Rs 4.73 lakh crore in the January-March quarter of 2025 to State Governments and Union territories. The weekly schedule of auctions to be held during the quarter along with the names of States/UTs who have confirmed participation, the RBI added in its notification. The…