Anjali Kumari
Anjali Kumari
Another rate cut will make mobilising resources tough
The RBI's VRR operations are intended to infuse liquidity into the financial system and anchor short-term money market rates closer to the policy repo rate
Canara Bank is set to raise up to ₹3,500 crore through AT-1 bonds on November 25, likely the first such issue of the financial year, as falling yields revive activity in the domestic debt market
Canara Bank is set to raise up to Rs 3,500 crore through AT-1 bonds on November 25, likely the first such issue of the financial year, as falling yields revive activity in the domestic debt market
Formal call likely in Jan; inclusion may trigger $25 billion inflows
Experts suggest 30% equity contribution should include preference shares and convertible instruments
After Maharashtra last week, Tamil Nadu rejects bids for 15-year paper
Fundraising rush follows SBI's record Oct issue as yields soften
The dollar index was largely steady at 99.55, against the previous close of 99.62. It measures the strength of the greenback against a basket of six major currencies
Government bond yields dropped as traders anticipated Reserve Bank of India support through open market purchases, with expectations of an OMO calendar announcement boosting sentiment
Bond mkt expects OMO calendar in Dec policy review
Government bond yields remained unchanged on Friday as the cut-off for the new 10-year paper matched market expectations, with traders watching US Treasury moves next week
Financial stability remains the 'North Star' for the central bank
He said that in a truly competitive market, banks might have sought to recover these additional costs from fintechs, but doing so could have slowed the pace of technological adoption.
The reserves had hit a record high of $705 billion in September 2024
However, Nagaraju cautioned that the digital transition must be carefully managed to ensure that service quality and customer trust are not compromised
RBI engages with market participants amid widening India-US yield spread; bond purchases unlikely before final CRR cut at month-end
Maharashtra declined all bids for its long-term bond re-issues even as seven states raised Rs 11,600 crore, below the notified Rs 13,600 crore, at the weekly auction on Tuesday
RBI's short dollar positions rose $6 billion in September, signalling renewed intervention in forwards to stabilise the rupee amid depreciation pressure and speculative build-up
Market participants said that sentiment in the domestic debt market improved due to the US Federal Reserve's policy rate cuts, and growing expectations of a trade deal between the two countries