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RBI injects Rs.90,075 cr in Banks through LAF
Mumbai, Sep 29 (UNI) The Reserve Bank of India today injected a whopping Rs.90,075 crore into the Banking system, a day head of half yearly closing of Banks.
In the two Liquidity Adjustment facility (LAF) auctions today, RBI in the first instance accepted 36 options for a cumulative Rs 53,940 crore.
In the second LAF this afternoon, it accepted 47 offers for Rs 36,125 crore.
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Story first published: Monday, September 29, 2008, 18:40 [IST]