Justice Linda Chan's ruling is expected to have significant consequences for China's financial markets, which are currently dealing with the repercussions of Evergrande's debt crisis.
RBI will remain focused on orderly completion of the government's borrowing programme.
RBI will do second purchase of government securities (G-secs) aggregating Rs 35,000 cr in two weeks.
The Rs 90,000-crore liquidity package for discoms to help them pay their dues till the month of March would soon be enhanced to Rs 1.2 lakh crore factoring in these utilities' outstanding till June, said a senior official.
RBI has announced term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on the liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.
Leading stock exchange BSE will introduce liquidity enhancement scheme (LES) in two options contracts -- gold mini and silver kilo -- from July 6, a move aimed at boosting trade in these products.
As businesses go through a tough phase with fall in revenues and liquidity crunch, a joint report by FICCI and Deloitte suggests that the banking sector can come up with a 'crisis liquidity bridge' for companies through working capital term loan (WCTL) and funded interest term loan (FITL) among other facilities to tide over the coroanavirus crisis.
Liquidity flows, as well as positive sentiments on the back of better-than-expected quarterly results and the government's recent reform measures, have the potential to lift the key Indian equity indices higher during the upcoming truncated weekly trade, analysts opined.
Describing her meeting with the bankers as a "tonic", Finance Minister Nirmala Sitharaman said on Thursday that there is no liquidity related problems being faced by the private sector lenders and the non-banking financial companies (NBFCs).
Even though both sides are in favour of reaching a common ground, there have been demands from some quarters for Patel to step down.
The RBI also underlined that inflation was under control and that the $75-billion currency swap agreement with Japan announced on Monday would provide additional resources to the country.
The RBI said it has the right to decide on the quantum of purchase of individual securities and can also accept offers for less than Rs 12,000 crore.
The RBI on Saturday announced an incremental cash reserve ratio (CRR) of 100 per cent for banks, ordering them to deposit their extra cash with the central bank.
Beijing: The efforts of China's central bank to manage market liquidity after the Lunar New Year holiday will help ensure smooth liquidity conditions, allowing financial markets to function without disruption, according to an industry report.The
Mumbai: The BSE benchmark Sensex rose by 173 points to close at all-time high level on buying in metal, oil & gas and power stocks as RBI injected liquidity into the markets while keeping key
Mumbai: Worried over a spike in interest rates in the wake of steps to support the falling rupee, the RBI today announced a slew of measures, including Rs 8,000 crore bond buyback, to ease liquidity
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