Page 36 - Anjali Kumari

Short-sellers may target banks with large CRE exposure: RBI governor Das

'We still have distance to cover,' Das says on inflation

10-year bond yield falls to 6.79% on US Fed rate-cut expectations

Yield on longest-tenure govt bond, 50-yr paper, drops below 7% for 1st time on insurers' demand

SBI may raise up to Rs 7,500 crore via 2nd tranche of Tier-II bonds

In the current financial year, the lender has raised Rs 20,000 crore through two tranches of infrastructure bonds

Have distance to cover on inflation, can't look other way: RBI Governor

Central bank in no rush to cut rates as projections say inflation is moderating, says Shaktikanta Das

FPI investment in debt rebounds in September, FAR allocations lag

The investment in FAR securities had exceeded Rs 1 trillion on October 16, 2023

NaBFID should become self-sustainable, not rely on govt: RBI dy governor

NaBFID is a development finance institution that was set up in 2021 to focus on infrastructure funding

Corporate bond issuances fall 22% in August as firms await Fed rate cut

Issuers hold back, eyeing lower borrowing costs after Fed cut

Market expects MPC to implement cumulative 50 bps rate cut by March 2025

They also foresee a continued decline in food prices, which fell to 5.1 per cent in July from 8.4 per cent in June year-on-year, further supporting expectations of a rate cut

Rupee inches closer to 84 against dollar on high greenback demand

Closes at new loan of 83.99/$

SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits

SBI is using wealth banking to focus on a segment which is below affluent class but above the normal account holders

Room for rate adjustments if food inflation decreases: Viral Acharya

Acharya explains why food inflation should not be excluded from the inflation targeting framework

Rupee at closing low; RBI intervention prevent from touching 84 per dollar

The local currency settled at 83.97 per dollar on Tuesday, almost flat compared to the previous close. The previous record low of 83.97 was hit on August 13 of the current year

Banking system liquidity improves to 1-month high on back of govt spending

"Government spending is the reason for the rise in liquidity. It might improve further but there will be some action by the RBI to manage liquidity," said Indranil Pan, chief economist, YES Bank

Households set to rebuild financial assets as income rises: RBI's Patra

He noted that the rebuilding process has already begun, with household savings increasing from an average of 10.6 per cent between 2011 and 2017 to 11.5 per cent during 2017-2023

India can't rely on wealthy to drive growth: Ex-RBI Dy Guv Viral Acharya

Acharya further said that India's consumption and GDP growth have struggled to recover to pre-COVID levels, with rural areas particularly lagging behind urban centres

Rupee second-worst performing Asian currency against greenback in Aug

In the current financial year, the rupee has depreciated by 0.6 per cent so far

Stable currency fosters internationalisation, says Zarin Daruwala

The rupee was the third most stable Asian currency against the US dollar in the financial year 2023-2024 after the Hong Kong dollar and Singapore dollar, primarily due to timely intervention by RBI

Technology may drive fulfillment of every citizen's aspirations: RBI Guv

Das further said that digital technologies have played a crucial role in advancing financial inclusion, enhancing efficiency, and delivering real-time services nationwide

Fintechs don't have track record to evoke trust: RBI's T Rabi Sankar

Speaking at Global Fintech Fest 2024, Sankar noted that fintech cos largely not licensed by regulator, making it even more crucial for them to prove they can operate responsibly and earn public trust

India's credit self-monitoring grows by 51%: TransUnion CIBIL report

Notably, 81 per cent of consumers from non-metro regions began monitoring their credit within six months of their first credit product