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RBI to push 10K crores into market 18 January 2014
Reserve Bank of India (RBI) will flow Rupees 10,000 crore into the market on Wednesday by buying government securities to ease the liquidity situation as it is under stress due cash balance on government getting increased. RBI will conduct Open...
Keywords: Open Market Operations, Business News, Reserve Bank of India, Indian Government
Read MoreInterest rates on small savings are fixed: RBI 23 January 2012
“As per the rules of small savings schemes, the rate of interest on an investment made in all schemes, except PPF, 1968 on a particular date, remains unchanged for the entire duration of the investment, till maturity, irrespective of the...
Keywords: small savings schemes, Senior Citizens Savings Scheme 2004, government securities, maturity
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