The Reserve Bank of India’s liquidity draining operation faced a weak response from banks. The variable rate reverse repo auction was undersubscribed. The central bank received bids worth less than the notified amount. Rates moved above the standing deposit facility rate. The intent is to lift overnight rates. Banks are reluctant to park the full amount with the RBI.
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly
March 5, 2026