Anjali Kumari
Anjali Kumari
The yield on the newly issued 10-year bond has risen by 6 basis points since its issuance
Selling pressure may continue until India's inclusion in JPM index in June
RBI likely intervened in the foreign exchange market by selling dollars through state-owned banks, which protected the rupee from further depreciation
Banks parked Rs 32,576 crore, against the notified amount of Rs 50,000 crore at a weighted average rate of 6.49 per cent at the auction
KFS is a statement of key facts of a loan agreement, in simple and easier-to-understand language, provided to the borrower in a standardised format
However, Indian rupee on Monday performed better than the majority of the Asian currencies
The market will be closely monitoring the movement of crude oil prices given the geopolitical conflict heating up in the Middle East, said dealers
Gold soars and FPIs sell Rs 8K cr equities
The 10-year govt bond yield surged 7 bps to its highest level in over two months tracking the rise in US Treasury yields
In the current calendar year, the reserves have expanded by 23 billion so far. As of 29 December 2023, India's foreign exchange reserves amounted to $623 billion
Banks must categorize bonds as 'held-to-maturity' on a permanent basis, with the exception of 5 per cent of the portfolio that can be withdrawn throughout the year, according to the new norms
New 10-year bond becomes the second most traded
Currently, domestic banks primarily interact with global market-makers rather than end clients and have yet to establish themselves as significant market-makers globally
Wish for India to see it in the third place in the next five years as an absolute GDP
Reserve Bank of India Governor Shaktikanta Das and Deputy Governor Michael Patra responded to a host of queries in the post-policy interaction with the media. Edited excerpts:
Das says confident of meeting external financing requirements
The introduction of the app will enhance transparency and streamline the process for retail investors, said market participants
Das reiterated that there have been no changes to RBI's policy, emphasising that the necessity of underlying exposure has always been a fundamental aspect
Inflation 'elephant has left the room and it appears to be on its way to the forest,' says RBI governor Shaktikanta Das
The top five issuers accounted for approximately 60 per cent of the total fundraising in February