Anjali Kumari
Anjali Kumari
The yield on the benchmark 10-year government bond fell by four basis points to settle at 7.05 per cent on Thursday, against 7.09 per cent on Wednesday
The cut-off yield on 10-year papers was set in the range of 7.44 per cent - 7.50 per cent on Tuesday, against 7.36 per cent - 7.41 per cent at the previous auction
Platforms provide 'immense benefits' but the risk of misuse and fraud increases, says Swaminathan J
Market participants speculated that the Reserve Bank of India has been intervening in the foreign exchange market via dollar buys
Next week, states will participate in the final auction for the current financial year and as per the indicative calendar, they are expected to raise Rs 29,399 crore from the market
The rupee settled at Rs 83.04 per Dollar on Tuesday, against the previous close of Rs 82.90 per Dollar. The last time the rupee touched Rs 83 per Dollar was on February 16
Traders reportedly adjusted positions in anticipation of an increase in state govt securities supply on Tuesday
The bank also unveiled the 'YES Glory' savings account proposition, extending benefits to athletes and their immediate family members
The dollar index fell to around 102 at the end of the week, down from 103 at the start of the week
The market was driven by traders due to the absence of significant domestic cues, dealers said
At the previous state loan auction, the cut-off yield on the 10-year state government securities was set in a range of 7.36-7.41 per cent
The surplus liquidity in the banking system stood at Rs 13,377 crore on Wednesday, against Rs 4,356 crore on Tuesday, according to the latest data by RBI
Sustaining high growth over long periods rare, country has seen only short bursts of high growth
Amount higher than scheduled figure of Rs 32,532 crore, a first in seven weeks
The scheme offers annual interest rates, ranging from 6.75% for a tenure of 12 to 18 months to 7.15% for 777 days
The rupee settled at Rs 82.76 per dollar, marking the highest since September 4, 2023, against the previous close of Rs 82.79
The rupee appreciated by 0.1 per cent against the US Dollar in the week on the back of foreign inflows
Liquidity may not improve immediately as tax outflows of around Rs 1.25 trn are scheduled in March, says one expert
He said investing in employee development is essential for financial institutions to thrive
The RBI received Rs 20,860 crore bids against the notified amount of Rs 50,000 crore at the first auction