Anjali Kumari
Anjali Kumari
This move will free up Rs 40,000 crore capital for banks translating into Rs 4 trillion additional loanable funds
State-owned firms look to raise Rs 30,000 crore via bonds in coming days
The rupee depreciated by around 50 paisa, or 0.58 per cent, to settle at 87.21 against the dollar, compared to the previous close of 86.71 per dollar
Outstanding amount on CDs hits all-time high of Rs 5.19 trillion as of fortnight ending February 7
Manufacturing companies' expenses on raw materials rose by 6.3 per cent (y-o-y) in line with their sales growth, whereas their staff costs increased by a higher 9.5 per cent
The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO purchases, FX swaps, and longer-duration variable rate repo auctions
FIT more effective than multiple indicators framework
Bond market expects additional OMO auctions as liquidity has been in deficit mode for past nine weeks
REER moderates to 104.82 in January
Commenting that economic momentum is poised to be sustained, the report said strong rural demand is expected to receive a further fillip from the robust performance of the agriculture sector
SBI, PNB, BoI expected to tap market for fund raise
The Indian currency's rapid fall from 85 to 86 in just 16 days, and from 86 to 87 in another 15 days, highlights the volatility in the foreign-exchange market during those months
Currently, transactions between a PM and its own GAH or between two GAHs of the same PM are not permitted to be matched on NDS-OM
Customers pin hopes on Rs 5 lakh insurance payout as RBI freezes withdrawals
Each security is assigned a unique number called ISIN (International Securities Identification Number) at the time of issuance to avoid any misunderstanding among traders
The total reserves rose on the back of the rise in foreign currency assets which rose by $6.42 billion to $544.11 billion during the week
Banks bid 4.5x in Thursday's auction
Bids in VRR auction fall short of notified amount of Rs 2.5 trillion
Foreign investors had net bought Rs 14,430 crore worth of FAR securities in January
RBI sells $12 bn in 2 days to lift rupee