Anjali Kumari
Anjali Kumari
Coupon rate lower than what SBI offered in recent fundraise
Market participants said that the Reserve Bank of India's intervention through dollar buys further weighed on the rupee during the day
The yield on the benchmark 10-year government bond is expected to open around 4 basis points lower on Monday. It had settled at 6.86 per cent on Friday
In response to declining deposits, several Indian banks have introduced limited-period special fixed deposit schemes with higher interest rates for specific tenures
Gold reserves rose by $865 million during the week, while Special Drawing Rights (SDRs) increased by $60 million
Restructuring, grace periods and tailored repayment plans can be used as tools, says Swaminathan
The greenshoe option gives the underwriter the right to sell investors more bonds than planned if the demand is higher than expected
It is challenging to assess the creditworthiness of small enterprises, says Swaminathan J
The report said that the sector's AUM, which stood at approximately Rs 47 trillion in March 2024, is projected to exceed Rs 50 trillion in the current financial year
Market participants expect the benchmark yield to open around 6.85 per cent on Tuesday
The expert committee, chaired by the RBI Deputy Governor Michael Debabrata Patra, will consist of 10 members. The panel will submit its report by the end of November 2024
Along with OMO sales, the RBI has also been conducting VRRR auctions in order to drain excess liquidity
Dimple Bhandia highlighted that the credit derivatives market has been another area that has struggled to take off
India's reserve position with the IMF rose by $8 million to $4.62 billion in the previous week
Patra says exclusion of new 14/30-yr G-sec from FAR to boost 5/10-yr bond demand
Monetary policy stance retained at 'withdrawal of accommodation' to aid the MPC's focus on bringing inflation towards the target
Market participants said that the RBI asked some banks to refrain from speculative trading against the rupee
The liquidity in the banking system has improved significantly on the back of government spending
RBI intervenes in off-shore, spot markets to curb volatility
Market participants said that the local currency might gradually depreciate to Rs 84 per dollar in near term