Page 34 - Anjali Kumari

Rupee weakens below 84 against US dollar amid FPI selloff, costlier oil

Took two years after hitting 83/$ due to timely intervention

NBFCs raise Rs 3.23 trn in H1FY25 from domestic debt capital market

Private sector NBFCs raise Rs 1.91 trillion in H1FY25

Economists caution on RBI's growth optimism, project FY25 growth below 7.2%

RBI's confidence on growth has surprised market participants at a time when high frequency indicators pointing towards slowing economic activity

Govt repurchases Rs 24,453 crore worth of bonds through buyback auction

The demand at the auction was better than in previous buyback auctions conducted by the RBI in the current financial year

India to join FTSE Russell EMGB index starting September 2025

South Korean bonds to be added to FTSE World Government Bond Index

RBI MPC changes stance to neutral; keeps repo rate unchanged at 6.5%

MPC to 'remain unambiguously focused' on a durable alignment of inflation with the target, while supporting growth

RBI intervention keeps rupee from hitting 84 against the US dollar

The rupee was weighed by outflows from the domestic equities, rise in crude oil prices, and the surge in dollar index, said dealers

RBI, Maldives monetary authority sign $400 million currency swap agreement

This arrangement will remain in effect until June 18, 2027

Forex reserves surged $311 billion under RBI Governor Shaktikanta Das

Latest RBI data showed, India's foreign exchange reserves surpassed the $700 billion mark

In a first, India's foreign exchange reserves surge past $700 billion

Reserves rose by $12.58 billion, marking the fifth-highest weekly increase

Monetary policy: RBI likely to hold rates for 10th time, shows BS poll

The RBI will announce the review of the policy on October 9

RBI to conduct govt bond buyback auction worth Rs 25,000 crore on Oct 10

By repurchasing its own outstanding bonds from the market before they mature, the government reduces its liabilities and strengthens its fiscal position

Rupee depreciates 15 paisa against US dollar tracking Asian peers

The significant outflow from domestic equities further weighed on the Indian unit, said dealers

CareEdge assigns BBB+ to India, first Indian agency in global ratings space

The agency projects a gradual reduction in India's general government debt-to-GDP ratio, from the current 80 per cent to 78 per cent by FY30 and 73.5 per cent by FY35

Utkarsh SFB's reverse merger expected within a year, says MD & CEO

According to these guidelines, promoters are required to reduce their shareholding to 26 per cent within 15 years of starting banking operations

Rupee remains overvalued against trading partners despite new lows

Market participants said that REER might moderate further in the current calendar year (CY24) and financial year (FY25) on the back of inflows

RBI's Mibor committee backs benchmark based on secured money market

The Committee noted that banks in India are increasingly linking their personal, retail, and MSME loans to the policy repo rate, with a growing share of advances tied to this rate

Services, retail credit growth moderate in Aug on drop in credit to NBFCs

Credit to NBFCs grew by 11.9 per cent Y-o-Y in August 2024, sharply down from 21.3 per cent a year ago. Credit to trade declined to 15.5 per cent from 17.4 per cent in August 2023

REC's deep-discount zero-coupon bond issuance receives strong demand

The issuance had a base issue size of Rs 1,000 crore, with a greenshoe option of Rs 4,000 crore. The company received bids worth Rs 33,670 crore, nearly 34 times the base issue

Rupee steady against US dollar in CY24, weakens vs euro and pound

Experts say RBI's action in dollar market may had an impact