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India cbank says to conduct 3, 13-day term repos on April 4
April 3, 2014 / 11:57 AM / 3 years ago

India cbank says to conduct 3, 13-day term repos on April 4

MUMBAI, April 3 (Reuters) - India’s central bank said on Thursday it will conduct a three-day term repo for 200 billion rupees ($3.34 billion) on April 4 on assessment of prevailing liquidity conditions.

The Reserve Bank of India will also conduct a 13-day term repo for 600 billion rupees on April 4. ($1 = 59.8050 Indian rupees) (Reporting by Suvashree Dey Choudhury; Editing by Anand Basu)

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