Anjali Kumari
Anjali Kumari
CCIL facilitates the settlement of secondary market transactions in government securities and call money market transactions, using the digital rupee
Weak global sentiment and a stronger dollar kept the rupee under pressure, prompting likely RBI intervention through state-run banks to curb excessive volatility
Public sector banks increase SDL allocation to 40-50% of HQLA portfolios, drawn by higher yields and widening spreads over central government bonds
The local currency settled almost flat at 88.68 per dollar against the previous close of 88.69 per dollar after a choppy trade during the day
If fully subscribed, it would mark the largest bond issuance of the current financial year
The local currency ends stronger at 88.69 per dollar amid suspected RBI dollar sales and active state-run banks, dealers see room for more recovery
Jio Financial Services Chairman K V Kamath says RBI's latest measures will restore equilibrium in bank lending and boost corporate credit growth
While the rupee has been hovering near record low for the past week, the volatility remains low on likely intervention by the Reserve Bank of India (RBI), said dealers
The NCDs, offering a 7.05% yield and maturing in October 2027, come amid a likely rebound in corporate bond issuance following a lull in the second quarter
The Reserve Bank of India recently introduced systematic investment plans (SIPs) facility for Treasury Bills in RBI Retail-Direct platform.
Rupee closed flat at 88.78 per dollar on Monday as RBI sold dollars to counter strong FPI demand and global dollar strength after the euro's fall
The central bank has unwound $37 billion in forward-dollar shorts since February, allowing maturities to lapse and rebalancing exposure as it manages rupee volatility and liquidity
Links borrowing limit with borrower's financial strength
States and Union Territories will borrow Rs 2.81 trillion in Q3 FY26 through securities, with borrowing patterns shaped by GST changes, redemptions and tax devolution
RBI announced lending in rupees to neighbours, transparent reference rates, and expanded SRVA use in corporate bonds and commercial papers to advance rupee internationalisation
Government bond yields fell six basis points as RBI governor Sanjay Malhotra signalled space for further easing of 25-30 basis points, boosting gilts market sentiment
RBI will release a draft framework to simplify ECB rules with wider borrower and lender eligibility, relaxed limits, eased reporting, and extended IFSC repatriation timeline
Governor Sanjay Malhotra projects softer inflation from GST cuts and food prices
As part of operational changes, the central bank will discontinue the use of 14-day variable rate repo (VRR) and variable rate reverse repo (VRRR) as the main tools for managing short-term liquidity
The rupee depreciated 3.7 per cent in H1FY26, hitting new lows on US tariffs, foreign outflows and crude prices, while government bond yields swung on RBI policy shifts