RBI panel suggests keeping weighted average call rate as policy targetAn internal working group of the Reserve Bank of India has recommended retaining the Weighted Average Call Rate (WACR) as the main operatin...
RBI to conduct VRRR today to mop up Rs 1 lakh croreReserve Bank of India will conduct a three-day variable rate reverse repo operation. The operation is for ₹1 lakh crore on Tuesday. This an...
RBI likely to use 'secured rate' as new operative benchmark toolNomura suggests the RBI might replace the unsecured WACR with a secured rate like TREPS or SORR to enhance monetary policy transmission, al...
RBI to conduct Rs 1 lakh-crore VRRR today to align market ratesThe Reserve Bank of India (RBI) will conduct a ₹1 lakh crore variable rate reverse repo (VRRR) operation to manage liquidity. This move aim...
VRRR auction draws robust response amid surplus liquidity in the systemThe Reserve Bank of India saw strong demand in its variable rate reverse repo auction. This happened due to surplus liquidity in the bankin...
RBI to conduct Rs 1 lakh cr VRRR auction to absorb surplus liquidityThe Reserve Bank of India will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb surplus liquidity, w...
T-bill, money market rates rise on VRRR planTreasury bill and money market rates experienced an increase following the RBI's announcement of a variable rate reverse repo operation. Th...
RBI to conduct Rs 1 lakh crore VRRR for the first time since November 2024The RBI will conduct its first variable rate reverse repo (VRRR) since November 2024 on July 4, aiming to absorb ₹1 lakh crore amid a ₹2.4 ...
RBI may soon step in to absorb excess liquidityThe Reserve Bank of India is anticipated to introduce variable rate reverse repo (VRRR) auctions to manage surplus liquidity, aiming to kee...
RBI steps keep average call rates in checkThe Reserve Bank of India has been managing surplus liquidity in the banking system. The goal is to align the weighted average call rate wi...
Fall in call market volumes makes transmission of repo rate trickyThe Reserve Bank of India is struggling with rate transmission due to the dominance of other money market segments over the interbank call ...
RBI releases report calling for changing MIBOR methodology, launch of new benchmarkThe Reserve Bank of India on Tuesday released a report recommending changes in methodology of the Mumbai Interbank Outright Rate (MIBOR) wh...
Banks get risk-free arbitrage opportunity in TREPS marketIt’s back in vogue yet again, but those benefiting now are local lenders. Record rate reductions have caused the tri-party repo (TREPS) rat...
Yen carry trade is back in vogue. Look who is benefitingRecord rate reductions have caused the tri-party repo rates to fall below the reverse repo - and banks are making money without much sweat.
PPFAS Long Term Equity Fund adds Microsoft Corporation to portfolioParag Parikh Long Term Equity Fund has added Microsoft Corporation to the portfolio and completely exited from the Nestlé SA ADR.
- Here's how banks tapped arbitrage gains
Institutions are likely to use money for short-term secured investment bets, said Gopal Tripathy.
Overnight money market faces big swings in ratesThese transactions can be done for various duration ranging from overnight to as long as 365 days.