Anjali Kumari
Anjali Kumari
RBI guv says expected credit loss norms in final state of examination, should be out in current financial year
HDFC's large fund raise stimulated the bond market, creating a momentum that continued into the subsequent months
The company plans to allocate at least 75% of funds raised to the repayment or prepayment of existing borrowings
He further said that uncertainty will continue to define the monetary policy landscape for the foreseeable future
Gains limited due to new investment norms
Consequently, the yield on 3-month and 6-month treasury bills fell by 2 basis points, whereas that on 364-day bills fell by 1 basis point compared to last week
Debt market witnessed Rs 3,370 crore inflows in two trading sessions following the inclusion of Indian bonds in JP Morgan's index
The yield spread between the 10-year government bond and state bonds stood between 34 basis points and 38 basis points
Certificate of Deposit issuances in June at Rs 1.45 trillion, up 76% month-on-month
World from moving from 'era of data scarcity to abundance', says central bank governor
The 10-year benchmark bond yield inched up to 7.02 per cent during the day as traders sold their securities at a profit
States and Union Territories also plan to borrow up to Rs 2.63 trillion through state government securities over the same period
The RBI report says that banks' efficiency indicators weakened due to rising staff costs and increased cost-to-income ratio
The report said that in the current economic landscape, several positive factors are contributing to a promising outlook
Under the framework, the RBI will enter into bilateral swap agreements with SAARC central banks that wish to utilise the swap facility
The rupee settled at Rs 83.57 per dollar on Wednesday, against Rs 83.43 per dollar on Tuesday
A debate on real interest rate has picked up steam as the repo rate has been kept unchanged at 6.5 per cent since February 2023 despite inflation prints showing a downward trend
The Indian economy recorded a growth of 8.2 per cent in FY24 and averaged 8.3 per cent in the last three financial years
$10.4 billion bond inflows since Sep '23
Indian government securities have seen inflows of $10.4 billion since the index inclusion announcement in September 2023