Page 3 - Anjali Kumari

Nine states raise Rs 20,461 crore through SDL auction amid lower yields

The amount raised exceeded last week's mobilisation but fell short of the indicated borrowing calendar, with yields supported by softer government bond rates

RBI allows banks to open repatriable rupee accounts for overseas investors

Move operationalises Centre's decision to expand direct equity investment access beyond NRIs and OCIs

Rupee strengthens sharply as crude plunges; bond yields fall to 2-month low

The Indian currency strengthened against the dollar as crude oil prices declined sharply, while benchmark bond yields fell to their lowest level in two months

Bank of Maharashtra union flags staff shortages, calls for hiring drive

The employees' federation has urged the bank's management to recruit across cadres, citing rising workloads, staff shortages and reliance on outsourced personnel

RBI's swap facility for OFCB: Dollar route to cut banks' funding costs

The RBI's concessional swap facility for overseas foreign currency borrowings is expected to lower funding costs and help banks bridge the gap between credit and deposit growth

Rupee appreciates beyond 95 briefly as dollar positions unwind on oil slide

The rupee appreciated sharply and government bond yields eased as lower crude oil prices and hopes of a US-Iran agreement improved investor sentiment

₹40K cr rush: Companies lock in easing bond yields through debt sales

₹27K cr debt haul this week; pipeline holds ₹13K cr for next week

Corporate bond market revives with ₹27,000-crore issuances this week

Borrowers raised around ₹27,000 crore through corporate bonds this week as softer yields lowered costs, with another ₹13,000 crore scheduled next week

Rupee snaps two-day rally as oil firms buy dollars, forwards mature

The domestic currency weakened against the dollar amid demand linked to forward maturities, oil company purchases and rising geopolitical tensions that boosted the greenback

DFS Secretary Lohiya named director on RBI, SBI central boards

The government has appointed Department of Financial Services Secretary Sanjay Lohiya to the central boards of the Reserve Bank of India and State Bank of India

Indian Overseas Bank raises rates on select fixed deposits by 10 bps

The state-owned lender has increased rates on select non-callable domestic fixed deposits, while Unity Small Finance Bank has revised rates on its 501-day scheme

Bank loans to Reits and Invits to be based on asset cashflow record: RBI

Final norms effective from October 1, 2026, allow bank finance based on operating cash-flow history of underlying assets instead of a three-year track record for trusts

Govt to switch Rs 30,000 crore of bonds through auction on June 15

The switch auction will replace shorter-dated securities maturing between 2027 and 2030 with longer-dated bonds maturing between 2034 and 2039

RBI consolidates governance norms for risk, compliance and audit functions

Revised framework mandates independent control functions led by CRO, CCO and HIA, with fixed tenures and enhanced board oversight from January 2027

Bank of India sets Q2-end target for expected credit loss parallel run

Bank of India expects up to $1 billion in FCNR-B inflows under RBI's special window, while maintaining strong credit growth and preparing for ECL norms

Rupee rebounds, bond yields ease as oil prices retreat, inflow hopes rise

The currency recovered from recent losses and bond yields softened as lower crude prices and expectations of fresh foreign inflows improved market sentiment

Rupee gives up inflow-boost gains as oil surge, conflict fears weigh

The rupee fell 0.8 per cent against the dollar as renewed West Asia tensions pushed crude oil higher, while equity weakness and dollar demand added pressure

We expect ₹1,000-2,000 cr of inflows via FCNR(B) deposits: Canara Bank CEO

Canara Bank expects ₹1,000-2,000 crore in FCNR(B) inflows, aims to boost CASA deposits and reduce reliance on bulk deposits under its new CEO

RBI exempts FCNR(B), ECB swap positions from banks' NOP-INR limits

The move is expected to support recently announced measures to attract foreign capital, while easing regulatory constraints on banks participating in RBI swap facilities

Bank of India launches Mumbai hub for partnership-led financing businesses

The Strategic Business Branch will house co-lending, pool buyouts, TReDS and supply chain finance operations under one roof to improve efficiency and risk oversight