Page 2 - Anjali Kumari

NPS industry may double or triple in 5-6 years: SBI Pension Funds MD & CEO

SBI Pension Funds eyes the next phase of NPS growth through corporate subscribers, MSMEs and the informal workforce while strengthening its digital distribution capabilities

FCNR(B) impact: RBI's net short forward book swells to record $200 billion

RBI's net short dollar position in the forward book surged to $200.06 billion at August-end as FCNR(B) flows boosted longer-tenure forward positions

Rupee remains relatively stable in H1 FY27 after 10% fall in FY26

On the other hand, the yield on the benchmark 10-year government bond has risen by around 13 basis points during the same period.

Reliance Industries raises ₹13,000 crore through 10-year bonds at 7.90%

RIL's latest ₹13,000 crore issue takes its rupee bond fundraising in September to ₹25,000 crore as borrowing costs face upward pressure amid rate hike expectations

Ending five-month buying streak, FPIs sell ₹9.2K cr FAR bonds in Sep

Geopolitical tensions, higher crude prices weigh on demand for Indian debt

Rupee recoups intraday losses as RBI intervenes via dollar sales

The rupee recovered from an intraday low of 96.15 per dollar to close flat at 95.99, aided by RBI intervention, softer crude prices and foreign inflows

RBI panel suggests higher WMA limit for states, flags year-end borrowing

Panel proposes raising aggregate WMA limit by 11.2% to ₹67,839 crore and urges states to spread market borrowings more evenly across the financial year

Crude oil worries drag rupee, push bond yields to fresh 2.5-year peak

Benchmark 10-year government bond yield rises 6 basis points to 7.19 per cent as higher crude prices and a weaker rupee intensify pressure on the bond market

RBI net dollar purchases hit record $18.65 bn in July: Monthly bulletin

The central bank's concessional swap facility drove dollar inflows, while its outstanding net short position in the forward market surged to a record $136.77 billion

High credit-deposit ratio does not signal funding vulnerability: RBI report

Loans themselves result in the creation of deposits; RBI report says the CD ratio should be assessed alongside liquidity, capital and other prudential indicators

Sidbi pulls out ₹6,000 crore 3-year bond issuance as yields harden

Investors sought higher yields for SIDBI's three-year bonds as government bond yields hardened amid rising crude oil prices and higher US Treasury yields

Forex reserves fall $14.9 billion, sharpest weekly drop since Nov 2024

Foreign currency assets fell $14.8 billion during the week ended September 18, with an economist attributing $10.9 billion of the decline to actual dollar sales

Rupee, bonds witness sell-off as crude oil, US Treasury yields rise

The rupee settled at 95.96 per dollar, while the benchmark 10-year government bond yield rose 6 basis points to 7.11 per cent, its highest level since May 21

Fair case for rupee to appreciate from current levels: RBI's Poonam Gupta

RBI Deputy Governor Poonam Gupta sees a case for rupee appreciation as the current account deficit shrinks and capital flows improve, potentially later this financial year.

Bank unions to go ahead with 3-day strike despite govt, management appeals

Unions will strike from September 28 to 30 after talks failed to resolve their demand for a five-day banking week; an indefinite strike is planned from October 26

Rupee extends gains for fifth straight session tracking fall in crude oil

The rupee settled at 95.59 per dollar as falling crude prices and likely dollar sales by state-run banks supported the currency; the 10-year bond yield fell 4 bps

RBI clarifies novation rules for over-the-counter derivative contracts

The central bank says subsequent novation after an OTC derivative contract has been accepted for settlement by a central counterparty will follow the revised directions

RBI OMOs reduce liquidity to ₹6 trn; GST outflows help absorb surplus

The increase in currency in circulation and the rise in reserve requirements as the deposit base expands could absorb a part of the surplus over the coming months

FinMin asks PSB chiefs to limit impact of proposed 3-day bank strike

Public sector banks have issued advisories asking customers to complete important transactions in advance and use digital channels during the September 28-30 strike.

PSBs see rate repricing as margin reprieve amid RBI rate hike expectations

High exposure to repo-linked RAM loans could help public sector banks reprice assets faster than deposits if the RBI raises rates