This is likely to offset outflows that would happen after corporates pay their quarterly advance taxes by March 15, economists said. The VRR auction comes one day after the RBI announced additional liquidity measures comprising ₹1 lakh crore of open market operations (OMOs) and $10 billion of dollar-rupee buy-sell swaps.
As safe-haven gold surges again, loan demand to also shoot up
Gold loan companies expect a significant increase in demand. Record gold prices, fueled by geopolitical tensions, are driving this trend. MSMEs and individuals are likely