Anjali Kumari
Anjali Kumari
Forward premiums dip, rupee slides, and bond yields fluctuate
RBI announces OMOs, VRR auction, $-rupee buy-sell swap
Complaints rise 32 per cent in FY24
Say durable liquidity infusion needed to reinvigorate economy; bank CEOs to meet RBI officials today
Bank CEOs to meet for pre-policy talk on Monday
"Ninety per cent of assets are concentrated in only three pension fund managers - SBI, LIC, and UTI," M Nagaraju said
The rupee appreciated and settled at 86.21 per US dollar on Friday, compared to its closing level of 86.47 on Thursday, marking a weekly gain of 0.47 per cent
He further stated that as technology, especially artificial intelligence (AI), rapidly advances, the banking sector must adapt
The liquidity deficit stood at Rs 2.87 trillion on Wednesday, according to the latest data from the RBI
Gross issuance may increase slightly due to large bond maturity, but is likely to stay within the range seen the past few years as the govt focuses keeping a lid on fiscal deficit
Government investment reached 4.1 per cent of GDP in FY23, the highest since FY12, while private sector investment as a share of GDP climbed to 11.9 per cent
The dollar index, which measures the strength of the greenback against a basket of six major currencies, fell by 0.8 per cent to 107.97
Moreover, the demand for Debt Capital Markets (DCM) products is underpinned by stable levels of bond maturities, comparable to 2024
RBI intervened in the foreign exchange market via dollar sales to avoid further depreciation of the rupee, dealers said
More changes likely in liquidity management framework
Tight liquidity conditions in the banking sector, influenced by foreign exchange market interventions, government cash flow fluctuations, and currency leakage, have exacerbated the deficit
The REER is expected to have declined further in January 2025, said market participants
It examined the effectiveness of the RBI's forex interventions and found that the primary driver of exchange rate volatility in India is the fluctuation in portfolio flows caused by global spillovers
Forward book dollar deficit ballooned to $58.9 bn
RBI receives bids for Rs 30.7K cr on Thursday against notified amount of Rs 50K cr