RBI announces second round of G-SAP to keep yields in check

The first two auctions conducted by the RBI under the first G-SAP programme helped keep interest rates benign for 91-day T Bills, commercial papers and certificates of deposit. The market was keenly looking out for another round of G-SAP, which the RBI announced on Friday.

from Banking & Finance – The Financial Express https://ift.tt/2Rmgjfe