Page 8 - Acquisition Programme News Today

Eyes securities worth ₹25,000 crore A day after announcing the introduction of the G-sec Acquisition Programme (G-SAP 1.0), the Reserve Bank of India (RBI) on Thursday announced the Open Market Purchase of Government of India Securities under the programme . “The Reserve Bank will conduct open market purchase of government securities of ₹1 lakh crore under the G-sec Acquisition Programme (G-SAP 1.0) in Q1 2021-22 with a view to enabling a stable and orderly evolution of the yield curve. T...

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RBI announces open market purchase of Rs 25,000 crore govt securities on Apr 15 Eligible participants are required to submit their bids in electronic format on the RBI Core Banking Solution (E-Kuber) system between 10 am and 11 am on April 15. The apex bank said that physical bids will be accepted only in the event of a system failure BusinessToday.In | April 8, 2021 | Updated 18:10 IST Following RBI Governor Shaktikanta Das announcements on Wednesday, the apex bank notified on Thursday that i...

Given the rise in the spread of the coronavirus (Covid-19) infection and imposition of fresh localised lockdowns, the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) on Wednesday decided to leave the key repo-rate unchanged at 4 per cent. It also maintained the policy stance as ‘accommodative’ to keep the liquidity taps running in the economy. “The recent surge in infections, however, imparts greater uncertainty to the outlook,” RBI governor Shaktikanta Das said to...

A clear commitment to liquidity infusion through the G-Sec Acquisition Programme (G-SAP) and other growth-enhancing measures announced by the RBI on Wednesday led bankers to give a thumbs-up to the first policy review of the new fiscal. "The RBI policy statement is a clear commitment to assuage uncertainties in the market through guaranteed, continued liquidity support and explicit guidance to navigate through the current COVID surge, the duration of which is uncertain," SBIs Chairman Dinesh ...

RBI’s policy stance very balanced: India Inc. After the RBI announced that it is maintaining the status quo with regard to its policy stance, India Inc. has reacted very positively to the developments. Here are some of the reactions. Apr 7, 2021 Despite a pause in rates, RBIs latest policy does enough to boost liquidity and revive growth engines. Image: Sanjay Rawat The Reserve Bank of India today announced its monetary policy, wherein it kept the repo rate unchanged at 4%, and retai...

Tempest scale model in the wind tunnel at Warton during testing. Photo Credit: BAE Systems It was reported in August 2020 that engineers at BAE Systems (Farnborough, U.K.) are exploiting the digital environment to design, test and fly concepts for Tempest, a next-generation combat air system for the U.K. The company reports that, using digital twin technologies, conceptual shapes for the aircraft have been virtually designed and tested, with high-performance computers able to calculate the ae...