Anjali Kumari
Anjali Kumari
RBI data show bank loans fell by Rs 49,468 crore in mid-October, even as annual growth improved marginally to 11.5 per cent; deposits also declined during the period
Govt banks stay away from auction
India's gold reserves climbed to $108 billion as global prices surged and the RBI added to its holdings, diversifying forex reserves amid rising global uncertainty
The rupee settled at 88.25 per dollar against the previous close of 87.85 per dollar
The payments bank's new official domain, jiopayments.bank.in, replaces jiobank.in as part of RBI compliance and enhanced digital security framework
The net liquidity in the banking system has remained in deficit mode for four consecutive days. The system liquidity was in a deficit of Rs 2,645 crore on Thursday, the latest data by the RBI showed
On the other hand, foreign currency assets decreased by $1.6 billion to $570 billion during the reported week due to increased intervention by the RBI via dollar sales
The issuance is backed by an unconditional and irrevocable corporate guarantee from ONGC
RTGS, mainly used for high-value transfers, had largest share of transaction value in H1CY25
The RBI stated that the UTI-generating entity will be determined based on a "waterfall table," which assigns the responsibility for UTI generation in a sequential manner
Forex clearing transactions rose from 16.6 lakh transactions worth Rs 466 trillion in 2020 to 26.3 lakh transactions amounting to Rs 885 trillion in 2024
RBI's 'State of the Economy' report notes improved alignment between the weighted average call rate and repo rate under the revised liquidity management framework
With inflation easing and rate cuts on the horizon, bond yields may soften while the rupee steadies as trade negotiations with the US shape market sentiment
Global tariff disputes and foreign outflows pressured the rupee, while RBI's 100-basis-point rate cuts and liquidity measures helped bond yields soften during the year
The central bank remained a net dollar seller for the fourth straight month as the rupee weakened; REER slipped further, signalling lower currency competitiveness
Treasury income slumps due to rise in bond yields
The state bond auction will be held on Monday due to market holidays on Tuesday and Wednesday. Meanwhile, T-bill auctions are slated for Thursday, and there will be no G-sec auction on Friday
The reserves had hit a record high of $705 billion in September 2024
The rupee surged to 87.83 per dollar on Thursday, its strongest level in a month, buoyed by heavy dollar sales by the Reserve Bank of India and improved global risk sentiment
Inflation targeting framework improved credibility, transparency of monetary policy