Anjali Kumari
Anjali Kumari
Experts say RBI's action in dollar market may had an impact
The previous record of $689 billion was hit in the week ended September 13. The total reserves rose on the back of an increase in foreign currency assets which rose by $2.05 billion during the week
This surge in CD issuances is driven by quarter-end reporting, as funds raised through CDs are included under aggregate deposits, the report highlighted
The gross market borrowing will be conducted through 21 weekly auctions across securities with maturities of 3, 5, 7, 10, 15, 30, 40, and 50 years
Repeat investments in corporate bonds on its platform also quadrupled in 2024, indicating strong investor confidence
Banks have issued Rs 7.78 trillion worth of CDs in the current calendar year until August 2024, compared to Rs 4.9 trillion in the same period of 2023, registering a 59 per cent growth
Have larger responsibility of maintaining financial stability'
Sidbi raises Rs 8K cr, single-largest by a non-bank so far in FY25
May borrow around Rs 6.3 trillion during the period
The bonds have received a AAA rating from India Ratings
Foreign investors bet Rs 14,064 cr, most in a day in 3 yrs; rupee posts biggest weekly gain in '24
India's foreign exchange reserves expanded by $67 billion so far in 2024, the second highest among major foreign exchange reserves holding countries, after China
RBI's dollar buy prevent further strengthening
The Federal Reserve began its easing cycle with a somewhat unexpected 50 basis point rate cut, implicitly acknowledging that rates may have been held too high for too long
While benchmark indices rallied close to 1 per cent in early trade and made new record highs, valuation concerns and a sharp selloff in the broader markets led to profit-taking
Market participants said the banking regulator may conduct more VRR auctions to infuse liquidity if the weighted average overnight money market rates do not align with the repo rate
SBI has raised Rs 15,000 crore through Basel III-compliant Tier-2 bonds in the current financial year to bolster its deposit growth, which has lagged behind credit growth
Raise nearly Rs 74K cr since Aug via debt offers as bank lending slows
Rupee strength driven by strong fundamentals, not artificial intervention: RBI guv
The average systemic liquidity surplus in August stood at Rs 1.49 trillion, up from Rs 1.02 trillion in July. Over the past 12 months, the average liquidity surplus was Rs 0.49 trillion