Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Choose your reason below and click on the Report button. This will alert our moderators to take action. Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings. Technicals Technical Chart Visualize Screener. NIFTY 50 10, Drag according to your convenience. Setser, senior fellow at Washington-based thinktank Council on Foreign Relations.
Lenders parked an average 2. This peaked at 5. The surge in liquidity has pushed the RBI to resume open-market bond sales as well as auctions of longer duration repos besides imposing costs on the government for special instruments such as cash management bills and market stabilization scheme bonds. Consistent buildup in the forward book may have cost the RBI some 70 billion rupees, while total liquidity-absorption costs due to the demonetization deluge from November to June were billion rupees, according to calculations by Kotak Mahindra Bank Ltd.
The RBI paid another 50 billion rupees to 70 billion rupees to print banknotes, the bank estimates. A weakening dollar would also have led to losses due to the foreign-currency cash pile, which has traditionally been dominated by the greenback.
After all these expenses, the RBI transferred Assuming everything else stays constant, she estimates the budget deficit may come in at 3. Read more on urjit patel. How to calculate gratuity. The unhappy secret of HDFC's balance sheet. How much have your NPS funds earned? Aadhaar linking deadlines for these 6 services. My Saved Articles Sign in Sign up. Find this comment offensive?
This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others.
Your Reason has been Reported to the admin. Fill in your details: Will be displayed Will not be displayed Will be displayed.More...