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RBI auctions bills worth Rs 22,000 crore

Last Updated: Monday, August 12, 2013, 19:41

The Reserve Bank on Monday sold short-term bonds worth Rs 22,000 crore to check volatility in the forex market by sucking out liquidity.

Subbarao refuses to give timeframe for liquidity curb rollback

Last Updated: Thursday, August 1, 2013, 16:46

The Reserve Bank on Thursday did not give any time-frame for roll-back of liquidity tightening measures and said that they would remain in force till stability is achieved in the foreign exchange market.