In its earlier auctions, the RBI accepted bids worth a smaller quantum than the total notified amount of the auction. This is because the central bank and the government were likely uncomfortable with the price levels that banks were earlier offering. The RBI is the manager of the government’s debt.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and
December 9, 2025