Anjali Kumari
Anjali Kumari
Trade deal with US could reverse the fortune of the Indian currency
At $701 billion, reserves at 13-week high; shy of all-time high of $705 billion
Market participants said exporters are staying cautious as trade talks remain stalled, reducing dollar inflows
OMOs will involve the purchase of Government of India securities worth ₹1 trillion in two tranches of ₹50,000 crore each on February 5 and February 12
Pipeline robust as firms look at more acquisitions
Nifty, Sensex fall to Oct levels as riskoff trade deepens
Bank of India posted a 7.5% YoY rise in Q3FY26 net profit to ₹2,705 crore, driven by strong non-interest income and improved asset quality
The rupee fell to a fresh record low as foreign equity outflows, weak global risk sentiment and yen carry trade unwinding weighed on the currency, with RBI intervention limiting further losses
RBI's net dollar sales moderated in November, even as its outstanding short dollar position in the forward market rose further, reflecting continued intervention to manage rupee volatility
The rupee fell up to 91.06 per dollar during the day, near the record low of 91.08 per dollar
Public sector banks have asked the RBI to include state development loans in OMO purchases as SDL spreads widen sharply due to heavy state bond supply
Indian government bond yields hit a 10-month high as rising US Treasury yields and cautious sentiment kept pressure on the domestic debt market
RBI notifies interest subvention scheme Niryat Prothsahan, directing banks to extend subsidised pre- and post-shipment export credit under EPM
India's benchmark 10-year government bond yield rose to a 10-month high of 6.68% amid rising US Treasury yields, while markets await cues from the state bond auction
RBI Governor Sanjay Malhotra says base year revision of GDP, CPI and IIP will enable more calibrated policymaking, improve inflation targeting and better reflect India's evolving economy
RBI notifies new FEMA export-import regulations effective October 1, 2026, tightening reporting timelines for banks and mandating stricter monitoring via EDPMS and IDPMS
Heavy importer demand and maturing NDF positions pushed the rupee to its steepest one-day fall in two months, even as RBI dollar sales capped deeper losses
The RBI has proposed changes to how banks calculate net foreign exchange exposure, requiring them to maintain capital for forex risk on a continuous, end-of-day basis
Union Bank of India posted a 9 per cent rise in December-quarter net profit as provisions dropped sharply, even as net interest margins declined and deposit growth moderated
The Reserve Bank of India has recognised FEDAI as a self-regulatory organisation for authorised dealers, giving it a year to align governance and operations with the Omnibus SRO framework