At its second buyback auction of FY26, the RBI received bids worth Rs 53,031 crore against a notified Rs 26,000 crore, accepting 99% of it. The move aids liquidity and government debt management amid strong demand from banks.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.