RBI not in talks with government on bond buys

RBI not in talks with government on bond buys
FILE PHOTO: Illustration photo of an India Rupee note

The Reserve Bank of India is not in talks with the government currently to conduct open market purchases of government bonds, a source familiar with the central bank`s thinking said, denying a media report that the central bank might consider such steps to boost the debt market.

Earlier on Friday, financial news provider Newsrise cited a senior finance ministry official as saying that the RBI might purchase bonds through open market operations and secondary market trading to support New Delhi`s borrowing programme.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-444-day-amrit-vrishti-fd-vs-union-bank-of-india-sumvridhi-333-day-fd-maturity-return-interest-rate-calculator-amount-on-inr-rs-400000-lakh-and-800000-investment-for-general-senior-citizens-324056

SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens

https://www.zeebiz.com/personal-finance/news-sip-mutual-fund-power-of-compounding-retirement-corpus-planning-calculator-salary-inr-rs-25000-per-month-is-it-possible-to-create-over-26367030-fund-calculations-324366

Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations

https://www.zeebiz.com/markets/stocks/photo-gallery-stock-to-buy-for-long-term-on-new-year-samvat-2081-by-anil-singhvi-iifl-finance-share-price-target-nse-bse-smallcap-stock-324310

New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-interest-mutual-fund-sip-retirement-corpus-planning-calculator-how-many-years-it-will-take-to-reach-inr-rs-20000000-with-3000-4000-and-5000-monthly-investment-market-linked-return-323948

Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000

https://www.zeebiz.com/personal-finance/news-retirement-planning-corpus-monthly-sip-investment-calculator-40-years-of-age-inr-rs-50000-expenses-what-will-be-retirement-money-inflation-rate-of-return-tips-strategy-324093

Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment

https://www.zeebiz.com/markets/stocks/photo-gallery-nifty-50-sensex-bse-500-long-term-shares-to-buy-largecap-midcap-smallcap-targets-bse-nse-324277

Stocks to Buy for Long Term: Largecap, midcap, smallcap shares analysts are positive on; check out target prices

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-pnb-hdfc-bank-3-year-senior-citizen-fd-fixed-deposit-interest-rate-maturity-return-calculator-which-bank-gives-highest-on-inr-rs-500000-investment-state-bank-of-india-punjab-national-guaranteed-return-scheme-324094

Senior Citizen FD: SBI 3-year FD vs PNB 3-year FD vs HDFC Bank 3-year FD; which FD will give highest return on Rs 5 lakh investment

Written By: Reuters
Updated: Fri, Feb 02, 2018
03:56 PM IST
Reuters
RELATED NEWS
Nearly 98% of Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public Nearly 98% of Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x