RBI partially devolves Rs 3,945 cr worth of 10-year sovereign green bonds

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RBI partially devolves Rs 3,945 cr worth of 10-year sovereign green bonds - Business Standard

Quick Summary:

Among these measures was a USD/INR buy/sell swap auction of $5 billion for a six-month tenor, which took place on Friday.

The total reserves increased due to a rise in foreign currency assets, which rose by $4.3 billion during the week.

After evaluating the current liquidity and financial conditions, the Reserve Bank of India had announced a series of measures to inject durable liquidity into the banking system.