Anjali Kumari
Anjali Kumari
Net interest income grows 12.7 per cent, provisions fall 31 per cent and gross NPAs improve as advances rise nearly 20 per cent year-on-year
"We have to watch out for monsoon… how it progress because a significant population depends on agriculture," he said
The central bank has merged instructions issued since 2022 into a single circular, retaining the framework for rupee-denominated settlement of cross-border trade transactions
Net interest margin (NIM) fell 10 basis points year-on-year to 3.06 per cent as the fall in yield on advances was sharper than the decline in the cost of funds
The central bank held two variable rate repo auctions after banking system liquidity surplus dropped below Rs 1 trillion, while the 10-year bond yield rose 3 basis points
The rupee weakened as initial FCNR(B) deposit inflows fell short of market expectations, though analysts said it was too early to assess the success of the RBI's measures
India's foreign exchange reserves increased by $7.26 billion in the latest reporting week, supported by a rise in foreign currency assets and gold reserves, RBI data showed
Indian Bank looks to mobilise $2 bn in FCNR (B) deposits
Bloomberg's platform enables foreign portfolio investors to execute Indian government bond trades electronically through a single interface connected to the NDS-OM system
The rupee recorded its sharpest one-day fall in a month on rising crude oil prices and renewed West Asia tensions, while the benchmark 10-year government bond yield climbed
The rupee slipped to a three-week low as dollar buying by oil firms and NDF demand offset support from lower crude oil prices
Tata Capital, Bajaj Housing Finance and Jio Credit led bond issuances on Monday, while SIDBI announced plans to raise up to Rs 8,000 crore through bonds this week
Move could help revive exchange-traded currency volumes
NABARD, IIFCL and leading NBFCs raised ₹15,960 crore through corporate bonds as improving borrowing conditions and RBI measures boosted issuer confidence
India's foreign exchange reserves declined by $5.65 billion to a 15-month low of $666.93 billion in the week ended June 27, mainly due to a sharp fall in gold reserves
The rupee weakened 59 paise against the US dollar as broad dollar strength, weaker Asian currencies, importer demand and foreign portfolio outflows weighed on sentiment
The bank introduced an AI-powered virtual assistant, digital account opening, mobile trade finance and sustainability features as part of its push to strengthen digital banking services
Foreign investors pumped a net Rs 55,518 crore into debt in June, exceeding equity outflows, as RBI and government measures boosted the appeal of Indian government bonds
Financial Stability Report says banks face funding pressure as deposits shift to costlier sources, while larger housing loans gain share and household debt continues to rise
RBI's net short dollar position in the forward market rose to $106.66 billion in May, with increases across both short- and long-term maturity buckets