Page 15 - Anjali Kumari

Banking system liquidity surplus reaches ₹4.09 trillion amid govt spending

The surplus liquidity has kept the overnight weighted average call rate below the repo rate of 5.50%, and overnight tri-party repo rate below the standing deposit facility (SDF) rate of 5.25%

RBI's MPC likely to keep repo rate unchanged: Business Standard poll

Respondents expect downward revision in FY26 inflation forecast

Rupee strengthens marginally as RBI intervention supports currency

The rupee inched up against the US dollar on August 1, likely aided by RBI intervention, even as foreign outflows and negative sentiment from US tariffs kept pressure on the currency

Banks park ₹1.7 trn at 7-day VRRR auction as banks roll over matured amount

The Reserve Bank of India's 7-day VRRR auction saw robust participation, with banks parking Rs 1.7 trillion, rolling over maturing funds. The auction's cut-off rate was 5.49%.

Rupee hits new closing low on US penalties, worst drop since September 2022

The local currency fell 2.09% in July, its steepest monthly loss since September 2022, amid US tariff pressure, portfolio outflows, and global dollar strength

RBI's net short dollar position in forwards dips to $60.29 bn by June-end

The Reserve Bank's short dollar position has declined for four consecutive months, down from its February peak of $88 billion

Muted response to RBI's VRRR as overnight rates rise, reducing arbitrage

With WACR and tri-party repo rates climbing, banks park only ₹13,075 crore against RBI's ₹50,000 crore offer in overnight VRRR auction

Rupee hits 5-month low after Trump's tariff threat, logs 0.7% drop

Rupee falls 60 paise to 87.42 per dollar after Trump announces 25% tariff and penalty; FPI outflows, Fed policy outlook, and rising dollar add pressure

RBI to hold overnight VRRR auction to absorb ₹50,000 crore liquidity

RBI to conduct overnight VRRR auction on Thursday to absorb Rs 50,000 crore as call and Tri-party repo rates remain below policy rate amid liquidity surplus

Rupee weakens to over four-month low on importers' US dollar demand

The rupee fell to its lowest level since March 13 as importer dollar demand, trade deal uncertainty, and foreign outflows weighed on sentiment amid RBI liquidity measures

RBI to conduct 3-day VRRR auction Tuesday to absorb ₹50,000 crore

The central bank's move follows rising liquidity in the system that has pulled overnight rates below the repo rate; WACR and tri-party repo rates remain under pressure

Feb, Apr rate cuts fully transmitted, to help improve growth: RBI Governor

RBI governor says further rate reductions will depend on outlook for growth and inflation

RBI's 7-day VRRR receives significant demand due to reversal of ₹2 trillion

The RBI accepted Rs. 1.25 trillion in the 7-day VRRR auction at a cut-off rate of 5.49%, with a major uptick in demand after last week's Rs. 2 trillion reversal

RBI sees tepid demand at VRR auction ahead of ₹2 trillion reversal

The Reserve Bank of India saw lower-than-expected bids at its overnight VRR auction, with market participants anticipating the reversal of Rs. 2 trillion on Friday

RBI injects liquidity to rein in soaring weighted average call rates

Overnight rates breached MSF ceiling; RBI injects ₹50,000 crore to ease market liquidity

RBI net bought $1.76 bn in May; forward short dollar position at $65.21 bn

Before May, the RBI was a net buyer of the greenback only in March, while it remained a net seller in January, February, and April

Co-op bank call market activity rebounds after RBI platform directive

Co-operative bank participation in the call money market has rebounded after a drop following RBI's mandate for NDS-CALL platform membership, says RBI report

WACR tops repo rate for the first time in FY26 amid GST outflows

The weighted average overnight call rate (WACR) breached the RBI's repo rate for the first time this fiscal, amid GST outflows, with liquidity surplus in the banking system at around 1% of NDTL

Lack of empathy in customer service driving complaints: RBI DG Swaminathan

'Systems respond with templated emails and helplines loop back endlessly'

Overnight money market rates near policy repo rate post RBI's VRRR auctions

Overnight money market rates climb following the RBI's VRRR auction and GST outflows, with WACR approaching the policy repo rate