Tata Technologies has confirmed a ransomware incident that impacted several of its IT assets. As a precaution, certain IT services were temporarily suspended but have since been restored. The company ...

The RBI has announced several significant steps to increase liquidity in the banking system, including Open Market Operations (OMO), Variable Rate Repo (VRR), and Forex Swap Auctions. To improve the ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

Reserve Bank of India bought bonds worth Rs 20,020 crore($2.31 billion) at an open market operation (OMO) on Thursday. The 10 ...

The Reserve Bank of India initiated a Rs 20,000 crore liquidity infusion through an OMO purchase, accepting liquid and ...

The RBI sought to buy five Goverment Securities (G-Secs/ GS) via the OMO purchase auction from Banks. But it accepted offers ...

The cut-off price on the bonds scheduled was set below the secondary market price due to high demand, said market participants ...

Liquidity has been a concern as banks have been grappling for stable deposits for months. This is reflected in an increase in ...

Meanwhile, the SBP also conducted a Shariah-compliant Mudarabah-based OMO for the two-day tenor and injected Rs299 billion ...

Obesere has given some of his band members a house and land on his 60th birthday. He called them to the stage, and they were ...

The Ibadan-born singer thrilled guests with his performance, taking the stage to deliver some of his hit songs while stealing ...