Mumbai (Maharashtra) [India], September 1 (ANI): The system liquidity though still in surplus territory contracted to average Rs 3.5 lakh crore in July from above Rs 5 lakh crore in June, India Ratings and Research (Ind-Ra) said in its latest edition of credit market tracker.
Mumbai (Maharashtra) [India], Aug 31 (ANI): The Reserve Bank of India (RBI) will conduct additional special open market operations involving the simultaneous purchase and sale of government securities for Rs 20,000 crore in two tranches of Rs 10,000 crore each.
Mumbai (Maharashtra) [India], April 6 (ANI): India Ratings and Research (Ind-Ra) has revised IndusInd Bank Ltd's (IBL's) outlook to negative from stable while affirming the long-term issuer rating at AA-plus.