Tag: NPCI

RBI’s three-day VRRR auction too falls short

Economy
Mumbai: The Reserve Bank of India's (RBI) liquidity draining operation saw muted response from banks, leading to under-subscription in the second such auction in a row. The three-day variable rate reverse repo (VRRR) auction was...

Sino Biopharma spends $951m to acquire China-based LaNova Medicines

Market
Hong Kong-listed Sino Biopharmaceutical will acquire China-based oncology specialist LaNova Medicines in a deal that will not exceed $951m, representing one of the largest transactions within the Asia-Pacific pharmaceutical...

Look up who you are paying via NEFT soon

Business
MUMBAI: RBI has asked the National Payments Corporation of India to develop a facility to allow customers using online fund transfer...

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