Anjali Kumari
Anjali Kumari
Benchmark 10-year government bond yield rose to 6.85% during the week, while the rupee weakened to 95.71 per dollar amid higher crude prices and hawkish MPC signals
The RBI's Central Board also reviewed various areas of the central bank's operations, including the functioning of its committees and the Ombudsman Scheme
Benchmark 10-year government bond yield rises 5 basis points to 6.87 per cent as markets increasingly price in the possibility of a rate hike at the next policy review
RBI receives cumulative bids of Rs 1.91 trillion against the notified Rs 1.5 trillion as banks seek higher returns amid surplus liquidity and softer overnight rates
Strong bank demand at RBI's VRRR auctions highlights surplus liquidity in the system, as the central bank seeks to keep overnight rates aligned with its 5.25% repo rate
Local currencies will play an increasing role in cross-border trade and payments as settlement can lower transaction costs, currency mismatches and improve efficiency
Market participants expect the 10-year bond yield to rise 1-2 bps and the five-year yield 2-3 bps as traders factor in the possibility of a December rate hike
Five-year bond yield hardens by around 10 basis points in two sessions as traders unwind FCNR(B)-linked positions following the RBI's early closure of the swap window.
Global factors weigh on the currency despite sizeable FCNR(B) inflows, as economists flag tight financial conditions, volatile energy markets and competition for capital
The rupee settled at 95.61 per dollar, while the benchmark 10-year government bond yield rose to 6.81 per cent as the RBI's move raised concerns over dollar inflows
Forex booster gambit to end Aug 31, a month ahead of schedule
NaBFID's ₹3,000 crore issue gets 2.8x bids on Friday
RBI Governor Sanjay Malhotra said cooperation among BRICS central banks is crucial to building a resilient, efficient and inclusive global financial system.
The infrastructure lender plans to issue $500 million-$1 billion in 10-year bonds by September-end and expects a multilateral-backed loan of nearly $1 billion
The lender raised $500 million through five-year dollar bonds at 88 bps over US Treasuries and could return to the overseas market depending on its funding and liquidity needs
Malhotra says Brics discussing linking fast payments with digital currencies
"We are in a very critical phase where foreign capital will find its way to India if we are able to articulate the benefits we have," Singh said
Liquidity surplus at ₹3.48 trillion; RBI lines up ₹1.25 trillion VRRR
Foreign lenders with relatively small loan books emerge most active buyers; bond yields soften
Foreign currency assets increased by $8.75 billion and gold reserves rose by $1.69 billion during the week ended July 31, driving the sharp increase in total reserves