Page 4 - Anjali Kumari

CBDC adoption may take 2-3 years as banks struggle with tech, incentives

CCIL facilitates the settlement of secondary market transactions in government securities and call money market transactions, using the digital rupee

ICICI Bank Q2 results: Profit up 5% at ₹12,359 cr aided by low provisions

Treasury income slumps due to rise in bond yields

Five states plan to borrow ₹17K cr via state development loans next week

The state bond auction will be held on Monday due to market holidays on Tuesday and Wednesday. Meanwhile, T-bill auctions are slated for Thursday, and there will be no G-sec auction on Friday

India's foreign exchange reserves decrease by $2.1 bn to $697.7 bn

The reserves had hit a record high of $705 billion in September 2024

Rupee hits one-month high on RBI's dollar sales, softer dollar index

The rupee surged to 87.83 per dollar on Thursday, its strongest level in a month, buoyed by heavy dollar sales by the Reserve Bank of India and improved global risk sentiment

RBI doesn't target any specific level of rupee: RBI Gov Sanjay Malhotra

Inflation targeting framework improved credibility, transparency of monetary policy

Rupee hits best day since June, gain 0.7% on RBI action and global cues

The rupee appreciated by 0.7 per cent to settle at 88.07 per dollar, against the previous close of 88.80 per dollar. The domestic currency appreciated beyond 88 per dollar mark

Indian Inc raises ₹5.47 trillion in bonds H1FY26, Q2 sees slowdown

While Q1 saw robust issuance; Q2 was muted but outlook for Q3 is positive

Inflation at 99-month low: Case for multiple repo rate cuts strengthens

RBI has kept the policy rate unchanged in the last two meeting

States, UTs borrow Rs 12,800 cr at auction, half of planned target

Higher tax devolution in October eased funding pressures for states, leading to lower-than-expected borrowing and a slight dip in yields on state government securities

Rupee hits new closing low of 88.80 amid weak global risk sentiment

Weak global sentiment and a stronger dollar kept the rupee under pressure, prompting likely RBI intervention through state-run banks to curb excessive volatility

India Inc raises over ₹17.5k crore from market via bonds on Tuesday

Bharti Telecom, the holding company of Bharti Airtel, raised ₹5,250 crore at 7.45 per cent through bonds maturing in December 2028

PSBs raise investment limit in state bonds to capitalise on higher yields

Public sector banks increase SDL allocation to 40-50% of HQLA portfolios, drawn by higher yields and widening spreads over central government bonds

Rupee recovers from near all-time low on likely intervention by RBI

The local currency settled almost flat at 88.68 per dollar against the previous close of 88.69 per dollar after a choppy trade during the day

Bharti Telecom plans to raise up to ₹10.5K cr via bonds on Tuesday

If fully subscribed, it would mark the largest bond issuance of the current financial year

Rupee regains ground against dollar on likely intervention by RBI

The local currency ends stronger at 88.69 per dollar amid suspected RBI dollar sales and active state-run banks, dealers see room for more recovery

Recent RBI policies to help banks stay at equilibrium: K V Kamath

Jio Financial Services Chairman K V Kamath says RBI's latest measures will restore equilibrium in bank lending and boost corporate credit growth

Rupee settles at new closing low of 88.80 amid FPI outflows, RBI intervenes

While the rupee has been hovering near record low for the past week, the volatility remains low on likely intervention by the Reserve Bank of India (RBI), said dealers

Jio Credit to raise ₹500 crore via AAA-rated NCDs; maturity in Oct 2027

The NCDs, offering a 7.05% yield and maturing in October 2027, come amid a likely rebound in corporate bond issuance following a lull in the second quarter

NSDL COO Prashant Vagal for tax-free bonds to boost retail participation

The Reserve Bank of India recently introduced systematic investment plans (SIPs) facility for Treasury Bills in RBI Retail-Direct platform.