The RBI Tuesday conducted a three-day variable rate repo auction for Rs 50,000 crore, a move which infused short-term liquidity into the banking system for which banks are charged a rate of 5.14 percent.
FPIs bet small on local debt, inflow pickup seen far away
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest