Page 21 - Anjali Kumari

Festival spending, GST outflows push banking system liquidity into deficit

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

India's foreign exchange reserves rise past $700 bn as gold reserves rise

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

OPaL plans to raise up to Rs 1,000 crore via 5-year bonds on Tuesday

The issuance is backed by an unconditional and irrevocable corporate guarantee from ONGC

UPI accounts for 85% of payment volumes: RBI's payment system report

RTGS, mainly used for high-value transfers, had largest share of transaction value in H1CY25

RBI proposes to make use of UTI mandatory for OTC derivative transactions

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

Govt securities mkt expands over 2-fold between 2019 and 2024: RBI report

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

WACR better aligned with repo rate amid improved liquidity: RBI report

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

Samvat 2082: Rupee, bond trajectories rest on RBI rate cut, US trade talk

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

Rupee dips 4.36% in Samvat 2081 as trade tensions weigh, bonds gain

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

RBI sold $7.6 bn in August amid rupee pressure; Reer falls to 97.6

The central bank remained a net dollar seller for the fourth straight month as the rupee weakened; REER slipped further, signalling lower currency competitiveness

ICICI Bank Q2 results: Profit up 5% at ₹12,359 cr aided by low provisions

Treasury income slumps due to rise in bond yields

Five states plan to borrow ₹17K cr via state development loans next week

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

India's foreign exchange reserves decrease by $2.1 bn to $697.7 bn

The reserves had hit a record high of $705 billion in September 2024

Rupee hits one-month high on RBI's dollar sales, softer dollar index

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

RBI doesn't target any specific level of rupee: RBI Gov Sanjay Malhotra

Inflation targeting framework improved credibility, transparency of monetary policy

Rupee hits best day since June, gain 0.7% on RBI action and global cues

The rupee appreciated by 0.7 per cent to settle at 88.07 per dollar, against the previous close of 88.80 per dollar. The domestic currency appreciated beyond 88 per dollar mark

Indian Inc raises ₹5.47 trillion in bonds H1FY26, Q2 sees slowdown

While Q1 saw robust issuance; Q2 was muted but outlook for Q3 is positive

Inflation at 99-month low: Case for multiple repo rate cuts strengthens

RBI has kept the policy rate unchanged in the last two meeting

States, UTs borrow Rs 12,800 cr at auction, half of planned target

Higher tax devolution in October eased funding pressures for states, leading to lower-than-expected borrowing and a slight dip in yields on state government securities

Rupee hits new closing low of 88.80 amid weak global risk sentiment

Weak global sentiment and a stronger dollar kept the rupee under pressure, prompting likely RBI intervention through state-run banks to curb excessive volatility