Page 48 - Anjali Kumari

RBI conducts 2 VRR auctions to infuse liquidity into banking system

The liquidity deficit in the system widened to Rs 1.96 trillion on Sunday

FM Nirmala Sitharaman addresses Reserve Bank of India board of directors

The Board also reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility

PM Modi launches UPI, RuPay card services in Sri Lanka and Mauritius

Shaktikanta Das, Governor of the Reserve Bank of India, Harvesh Seegolam, Governor of the Bank of Mauritius, and Dr. P. Nandalal Weerasinghe, Governor of Central Bank of Sri Lanka, were also present

UPI, RuPay card to be launched in Sri Lanka, Mauritius on February 12

The launch will enable the availability of UPI settlement services for Indian nationals travelling to Sri Lanka and Mauritius, as well as for Mauritian nationals travelling to India

'RBI plans tokenisation of assets, bonds under wholesale CBDC pilot'

"On the retail side, its technologies, how systems cope and how people behave are the focus areas. So we are not looking at volumes," Sankar said

RBI slams microfinance institutions for charging higher rates to borrowers

In 2021, the RBI had given full freedom to entities on interest rates to be charged for microloans by lifting the interest rate cap of 24 per cent put earlier

RBI policy: Stance in terms of rates, transmission incomplete, says Das

Das had clarified the RBI would try to keep liquidity at a level wherein the overnight call rate, the operating target of the monetary policy, remained around the repo rate

Govt bonds reverse gains after monetary policy committee outcome

RBI to conduct 14-day variable rate repo auction on Friday

RBI holds policy rates, stance unchanged over inflation concerns

'Imperative for monetary policy to actively pursue disinflation to anchor inflation expectations,' says Shaktikanta Das

RBI conducts two VRRR auctions again to balance liquidity within system

Market participants are attempting to address the uneven liquidity and absorb the excess liquidity resulting from government spending, stated a dealer at a primary dealership

RBI conducts two VRRR auctions in a single day for the first time

The central bank will conduct another overnight VRRR auction of Rs 50,000 crore on Wednesday

RBI conducts 4-day VRRR auction as overnight rates fall below repo

Banks parked Rs 18,750 crore at the auction against a notified amount of Rs 50,000 crore at a weighted average rate of 6.49 per cent

Monetary policy: RBI likely to hold rates for sixth time, shows BS poll

Focus on liquidity; few expect neutral stance

Government bonds give up early gains as traders sell at a profit

The yield on the benchmark 10-year government bond touched the day's low of 7.02 per cent as the government announced lower-than-expected gross borrowing for financial year 2024-25 on Thursday

Bond yields soften 8 bps after lower-than-expected fiscal deficit target

Fiscal deficit target lower than expected; room for RBI to cut rate

Amid widening deficit, RBI may pump in liquidity via open market operations

Market participants said that if the government refrains from spending, the central bank might resort to other measures to infuse liquidity apart from variable rate repo auctions

Unanimity among current RBI monetary policy committee's internal members

The first MPC formulated policies between October 2016 and August 2020. The second MPC, with three new external members, was established in October 2020

RBI to conduct overnight VRR to infuse Rs 25,000 crore on Tuesday

In the preceding VRR auctions, the central bank received a significant response, with banks submitting bids ranging between 2.5 to 3.2 times the bidding amounts due to tight liquidity conditions

75% banks, NBFCs have chatbots, e-assistants: RBI's Michael Patra

Patra said that ensuring robust cybersecurity measures in banking organisations is imperative to maintain public trust in the financial system

Taking the lead: Rupee best-performing Asian currency so far in January

Market participants expect rupee to appreciate further in the current calendar year