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Money & Banking - Corporate Bonds
Oil bonds: RBI hikes limit

Mumbai, June 11

The Reserve Bank of India has decided to enhance the overall ceiling of open market operations for public sector oil companies to Rs1,500 crore on a single day, against the earlier limit of Rs 1,000 crore. A senior treasury official said this measure would ease pressure on liquidity and would be positive for the rupee, since oil companies are big purchasers of dollars. -Our Bureau

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Stories in this Section
Farm loans to be waived seen at Rs 71,680 cr


IOB chief monitors waiver scheme
Western Union to maintain rural focus
Lease Plan is no longer NBFC
LIC will wait for Daiichi open offer
Banks begin to rejig investment portfolios
RBI hikes repo rate to 8%
Repo rate hike: Analysts expect market to open weak today
Oil bonds: RBI hikes limit
Bank loans distributed


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