The company is offering an attractive up to 9.7 per cent per annum on these papers. This compares with a maximum 5.4 per cent interest rate on SBI term deposits.
"I am glad that RBI (Reserve Bank of India) understands that quicker retrieval of the liquidity from the economy may not do the necessary things to win," Sitharaman said in a virtual conference with industries.
BEIJING, Aug. 10 (Xinhua) China central bank on Tuesday conducted 10 billion yuan (1.54 billion U.S. dollars) of reverse repos to maintain reasonably ample l