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The Finance Ministry has permitted the use of municipal bonds as security for repo and reverse repo transactions, permitting municipal bodies to raise funds for infrastructure projects, reported ...

Oct 24 (Reuters) - India's central bank left its reverse repo rate, or the rate at which it absorbs excess cash from banks, unchanged at 6.0 percent at its quarterly policy review on Friday. The ...

Recurring debt ceiling standoffs cause political disruptions and economic costs. We quantify one type of cost which is receiving growing attention: the spillover to short-term funding markets. Using ...