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 relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate