In a bold strategy to boost economic resilience, the central bank is channeling a hefty sum into the banking system. By leveraging open market operations alongside dollar-rupee buy-sell swaps, an impressive ₹1.45 lakh crore will flow in to optimize liquidity and facilitate effective monetary transmission.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,