Anjali Kumari
Anjali Kumari
Corporate bond issuances likely to remain subdued in FY27 as elevated yields, inflation risks and liquidity conditions weigh on fundraising activity and investor appetite
Only $22 bn added to total reserves as foreign currency assets fell by $14 bn in FY26
Rupee rises 1.8% in its biggest single-day gain in over 12 years as RBI curbs speculative forex trades, pushing hedging demand onshore and lifting forward premiums sharply
Reserve Bank of India keeps bond structure intact but tightens rules with digital access, investor safeguards and stricter compliance norms
Government bond yields climbed as crude oil and US Treasury yields rose, while improved liquidity conditions pushed overnight rates below the policy repo rate
RBI permits residents to exchange rupee notes at forex counters in airport departure areas, extending a facility earlier largely limited to non-residents
RBI restricts banks from offering NDF contracts to corporates to curb speculation and stabilise the rupee amid sharp currency volatility
Don't expect rapid, drastic reversal even if calm returns, say experts
In the financial year 2024-25, FPI inflows were supported by phased entry into JPMorgan's Government Bond - Emerging Market Index (GBO-EM)
Central bank's net short dollar position in forward market rises sharply in February, with long-term tenures driving the increase
Central bank extends 450-day export credit facility for disbursals till June 30 to ease cash flow pressures amid disruptions caused by West Asia conflict
Cap on banks' forex positions offers only short-lived relief as oil prices, capital outflows and structural imbalances continue to weigh on the rupee
The rupee eventually settled at 94.81 per dollar on the final trading day of the 2025-26 financial year, little changed from Friday's close
Banks must submit certified ECB returns within seven days as RBI tightens compliance norms and revises late submission fee rules to streamline reporting
Banks seek relief as RBI caps forex exposure, triggering potential $40 billion unwinding and raising concerns over MTM losses and rupee volatility
The rupee hit a record low and bond yields surged amid foreign outflows, elevated crude prices and fiscal concerns following excise duty cuts on fuel
RBI's bond purchases and switch operations are helping banks cushion treasury losses in Q4 despite rising yields driven by global volatility and the West Asia crisis
Government borrowing for H1FY27 is lower than market expectations, which may support bond prices and lead to a modest softening in yields in the near term
Economists support retaining the 4% inflation target, citing CPI alignment and the flexibility it offers RBI to manage supply shocks while sustaining growth
Currency weakens to record closing low amid importer demand and NDF pressures, with central bank intervention helping prevent breach of the 94 per dollar mark