Anjali Kumari
Anjali Kumari
Net Interest Margin (NIM) for the quarter stood at 4.50 per cent, as compared to 4.89 per cent in Q4FY25
RBI to conduct seven-day Variable Rate Reverse Repo auction on Friday to absorb Rs 2 trillion as banking system liquidity remains in surplus of over Rs 3 trillion
Infrastructure bonds, which were popular in FY25, have lost their appeal in FY26 as banks face stronger deposit growth and moderated credit demand, with issuances expected to be much lower this year
RBI Deputy Governor M Rajeshwar Rao highlights that climate risks will impact MSMEs, unorganised sectors, and unlisted corporates, stressing the need for awareness and risk assessments
The rupee fell past 86 per dollar to close at a three-week low amid dollar strength, but FPI inflows and exporter sales helped limit the extent of depreciation
Yield spreads widen as investors move to short-tenure corporate bonds; AA-rated issuers tap market amid low G-Sec supply and abundant banking system liquidity
Economists pencil in 25 bps reduction in the repo rate by December
Market participants said that banks were reluctant to park higher amounts at the auction due to the fortnightly reporting period at the end of the current week
The rupee settled at 85.99 per dollar, against the previous close of 85.78 per dollar. It has depreciated by 0.6 per cent in 2025-26 (FY26)
On Monday, the overnight weighted average call rate (WACR) settled at 5.31 per cent, against the previous day's close of 5.45 per cent
The amount parked by banks in the Reserve Bank of India's SDF window has fallen significantly, driven by VRRR auctions, with the call rate aligning closer to the repo rate
Receive bids worth ₹1.51 trn against notified amount of ₹2.5 trn
Traders are waiting developments on the anticipated tariff announcement between India and the US, which could significantly influence sentiment
Nomura reports that the RBI may shift its liquidity management target from WACR to TREPS or a SORR-like composite, in line with global best practices and increased volumes in secured money markets
The Reserve Bank of India will conduct a Rs 2.5 trillion seven-day reverse repo auction to absorb surplus liquidity from the banking system and align the weighted average call rate with the repo rate
At 2-day VRRR auction, RBI receives bids worth ₹97,315 cr against notified ₹1 trn
Draft norms enable position transfer in OTC derivatives with consent and fair pricing; RBI mandates tripartite structure to ensure risk shift and regulatory adherence
Market cautious ahead of expected ₹2 trn VRRR auction as call and TREP rates rise; overnight WACR climbs to 5.34%, RBI absorbs ₹97,315 crore against notified ₹1 trn
The surplus liquidity has kept the overnight weighted average call rate (WACR) near the standing deposit facility (SDF) rate of 5.25 per cent and well below the repo rate of 5.5 per cent
The Indian rupee appreciated by 22 paise, tracking declines in the dollar index and crude oil prices, while foreign equity inflows provided further support