No bids at special repo auction for mutual funds: RBI

India Infoline News Service | Mumbai |


The Reserve Bank of India (RBI) said on Monday it did not receive any bids at its special repo auction for mutual funds.

The special repo auction held at 10.25% permitted banks to borrow funds from the central bank to lend to mutual funds.


  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.