Hard bargaining at RBI OMO lifts yields

The RBI also conducted an overnight variable rate repo (VRR) auction for ₹2.75 lakh crore, where RBI received bids for ₹2.35 lakh crore. System liquidity stood at a deficit of ₹2.07 lakh crore on Wednesday, and has been in a daily average deficit of ₹1.28 lakh crore in February.

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Tata Capital approves plans for IPO

Tata Capital is moving forward with its IPO plans, gaining approval to issue 23 crore new shares while allowing some existing shareholders to exit. The

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