The Reserve Bank of India will discontinue daily variable rate repo auctions from June 11 due to surplus liquidity in the banking system, which has averaged ₹2.75 lakh crore in June. This decision aligns with the RBI’s target of maintaining surplus liquidity near 1% of net demand and time liabilities.
Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey
Capital markets regulator Sebi’s chief Tuhin Kanta Pandey on Thursday said there is a need to “accelerate” monetisation of government-held assets in sectors such as