Anjali Kumari
Anjali Kumari
REER moderates to 104.82 in January
SBI, PNB, BoI expected to tap market for fund raise
The Indian currency's rapid fall from 85 to 86 in just 16 days, and from 86 to 87 in another 15 days, highlights the volatility in the foreign-exchange market during those months
Currently, transactions between a PM and its own GAH or between two GAHs of the same PM are not permitted to be matched on NDS-OM
Customers pin hopes on Rs 5 lakh insurance payout as RBI freezes withdrawals
Each security is assigned a unique number called ISIN (International Securities Identification Number) at the time of issuance to avoid any misunderstanding among traders
The total reserves rose on the back of the rise in foreign currency assets which rose by $6.42 billion to $544.11 billion during the week
Banks bid 4.5x in Thursday's auction
Bids in VRR auction fall short of notified amount of Rs 2.5 trillion
Foreign investors had net bought Rs 14,430 crore worth of FAR securities in January
RBI sells $12 bn in 2 days to lift rupee
The expansion will include a 500-bed facility in Gurugram, a new hospital in Hyderabad, a women-focused cancer centre in Delhi, and additional facilities in Kolkata and Pune
The RBI plans to infuse Rs 2 trillion via an overnight variable rate repo (VRR) auction on Tuesday.
The rupee depreciated to a new low of 87.95 prompting the central bank to intervene, dealers said
Bond market participants said that in bond forwards, there will be actual delivery of bonds
Market participants said that the Governor's statement suggests that the RBI is indicating a willingness to allow market-driven depreciation while maintaining some level of intervention
Monetary policy committee decides to reduce policy rate by 25 basis points to 6.25%, says RBI Governor Sanjay Malhotra
At the end of November, the Reserve Bank of India (RBI) had a $59 billion short position in the forward market
Despite a weaker dollar index and stronger Asian currencies, the rupee depreciated due to stop-loss triggers, said dealers
Malhotra took charge as the 26th RBI governor in December last year