Page 3 - Latest Updates on Cash Reserve Ratio
SBI likely to raise Rs 10,000 crore through infrastructure bonds
The planned issuance worth Rs 10,000 crore includes a greenshoe option of Rs 5,000 crore, the bank said
 "SBI likely to raise Rs 10,000 crore through infrastructure bonds")
Banks can boost liquidity by drawing down on CRR: RBI governor Das
The fall in the liquidity surplus is owing to multiple factors, including the RBI's interventions in the forex market and a sharp pick-up in bank credit growth, which is currently at nine-year highs
 "Banks can boost liquidity by drawing down on CRR: RBI governor Das")
ICICI Bank to raise Rs 10,000 cr via infra bonds in one or more tranches
Proceeds to be used for project financing, affordable housing
 "ICICI Bank to raise Rs 10,000 cr via infra bonds in one or more tranches")
How the RBI is creating conditions for foreign flows to come back to India
The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment to attract dollars through banking deposits, ECB, FPI
 "How the RBI is creating conditions for foreign flows to come back to India")
SBI, ICICI Bank up interest rates on certain foreign currency bank deposits
According to SBI's website, the interest rate on US dollar category deposits with maturities up to 2 and 3 years are up by 85 basis points to 2.85 per cent and 3 per cent
 "SBI, ICICI Bank up interest rates on certain foreign currency bank deposits")
Ahead of inflation data, understanding how CPI is linked to RBI and markets
The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand and liquidity in the economy, bringing CPI down
 "Ahead of inflation data, understanding how CPI is linked to RBI and markets")
RBI measures a step in right direction but forex inflows still seen limited
RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India
 "RBI measures a step in right direction but forex inflows still seen limited")
Shifting cycle
Investors should be prepared for further turmoil
 "Shifting cycle")
Policy signals calibrated tightening
During the gradual transition to a neutral stance, maybe over the next couple of months, liquidity management will play an important role in transitioning the WACR closer to the repo rate
Macroeconomic adjustment
Risks for growth and asset prices have increased
RBI monetary policy review: Further repo rate hikes clearly on the cards
The Governor's reminder that the repo rate is still below the pre-pandemic level served as a clear signal that more rate hikes lie ahead
 "RBI monetary policy review: Further repo rate hikes clearly on the cards")
10-year G-Sec touches 7.5% ahead of RBI's monetary policy review
The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers
 "10-year G-Sec touches 7.5% ahead of RBI's monetary policy review")
RBI to hike repo rate by 50 bps, lower FY23 growth to 7% in June: Barclays
The central bank will likely revise its inflation estimate to 6.2-6.5 per cent, which is way above the upper end of its tolerance band of 2-6 per cent, the economists at Barclays said
 "RBI to hike repo rate by 50 bps, lower FY23 growth to 7% in June: Barclays")
Will take a few quarters to move retail-wholesale mix back: HDFC Bank CFO
In a Q&A, Srinivasan Vaidyanathan says the lender expects to reduce employee turnover at the junior level with the introduction of RSUs
 "Will take a few quarters to move retail-wholesale mix back: HDFC Bank CFO")
Bond yields drop as RBI seen reversing Covid period rate cut
The yield on the 10-year benchmark government bond fell almost 9 bps to end the day at 7.21 per cent
Course correction
RBI has been slow in withdrawing accommodation
RBI policy highlights: Prioritising inflation over growth, says Das
RBI Monetary policy updates: As expected by market participants, RBI retained status quo on key interest rates. Governor Shaktikanta Das said. "Approach needs to cautious, but proactive". Stay tu
 "RBI policy highlights: Prioritising inflation over growth, says Das")
Parliament LIVE: UPA term was India's 'andhkaal', says FM Sitharaman
Rampant corruption, double digit inflation, policy paralysis were part of the dark age under Congress rule, says Sitharaman
 "Parliament LIVE: UPA term was India's 'andhkaal', says FM Sitharaman")
RBI Monetary policy highlights: Lending rates unchanged amid Omicron scare
RBI Monetary policy LIVE updates: RBI announcement comes amid the threat surrounding Omicron coronavirus variant. Stay tuned for all the LIVE updates
RBI leaves rates unchanged, says economy better prepared to deal with Covid
Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.
 "RBI leaves rates unchanged, says economy better prepared to deal with Covid")
