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Liquidity deficit widens to Rs 2 trn, on back of advance tax outflows

Funds raised by banks through certificates of deposit in December clocked the highest in the financial year 2023-24 as liquidity remained tight in the system with the Reserve Bank of India (RBI)......

Sebi ban on Samir Jain, wife, 6 others stayed by SAT

The Securities Appellate Tribunal (SAT) has stayed the ban imposed by the Securities and Exchange Board of India (Sebi) on Samir Jain, vice-chairman and managing director of Bennett, Coleman & Co......

e-Rupee: RBI creates Rs 1.71 crore of digital currency for retail pilot

The pilot project for central bank digital currency (CBDC) in the retail segment went live on Thursday with the Reserve Bank of India (RBI) issuing Rs 1.71 crore to four participating banks based......

Sale of first tranche of gold bonds 2022-23 to open on June 20

The first tranche of sovereign gold bond for 2022-23 will open for subscription for five days from June 20, the Reserve Bank of India said on Thursday. IMAGE: Kindly note that this image has been......

How investors are trying to meet short-term needs

After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category. Illustration: Uttam Ghosh/Rediff.com......

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