Anjali Kumari

Banks mobilised $127.2 billion through the FCNR(B) swap window by August 31, taking total forex inflows under the RBI facility to $136.4 billion

Liquidity surplus tops ₹7.75 trillion as FCNR(B) swap inflows continue; weighted average call rate drops to 5.02 per cent from 5.16 per cent

Twenty international banking units sanctioned $54.02 billion and disbursed $52.82 billion under the facility by August-end, according to IFSCA data

Muted response to fresh ₹10 trn VRRR auctions; rupee appreciates to two-month high

Balance of payments recorded a deficit of $8.1 billion in Q1FY27 as portfolio outflows weighed, compared with a surplus of $4.5 billion in the year-ago quarter

Banks parked Rs 3.84 trillion against the Rs 10 trillion notified in Monday's VRRR auctions, while the benchmark 10-year government bond yield rose to 6.95 per cent

RBI's net short dollar position rose from $103.33 billion at June-end as the central bank remained active in the forward market amid depreciation pressure on the rupee

That swing has been made possible by a shift in forex management policy that was forged in the fire of the balance-of-payments crisis of 1991

Forex reserves rose sharply on strong inflows under the RBI's concessional swap window and revaluation gains, while foreign currency assets increased by $9.48 billion

Benchmark 10-year government bond yield settles at 6.91 per cent, while the rupee closes at 95.39 per dollar as RBI dollar sales support the local currency

Buyback covers four government securities maturing between October 2026 and February 2027, with the auction to be conducted using the multiple-price method

Banks can now access the concessional dollar-rupee swap facility for transactions above $100 million without waiting for their designated weekly window

DBS Bank India says the bank is keen to invest and grow the retail lending business but will be judicious in choice of retail products that they will offer

REC withdraws its planned ₹3,000 crore two-year bond issue after PFC pulled a ₹2,500 crore three-year offering earlier this week as investors seek higher premiums

The RBI may use an incremental CRR to absorb rising surplus liquidity before raising the repo rate, as core liquidity could approach ₹10 trillion in coming weeks

The central bank turned a net dollar buyer for the first time since February, while its outstanding net short position in the forward market declined in June

The rupee settled 0.35 per cent higher at 95.41 per dollar as central bank intervention and falling crude prices lent support; benchmark bond yields also eased

The senior notes, issued through the bank's IFSC Banking Unit, will mature in August 2031 and follow its $600 million international bond issuance last week

SBI Research says the MPC minutes carried a more hawkish tone than the RBI governor's remarks, leaving markets uncertain about the future course of interest rates

The central bank absorbed ₹1.41 trillion through seven-day and overnight VRRR auctions at 5.24 per cent, and announced a ₹1.75 trillion two-day auction for Tuesday