Anjali Kumari
Anjali Kumari
US central bank indicates more measured pace of rate cuts, triggering uncertainty across financial markets
Fund managers' preference for sovereign bonds in the recent past has also impacted MFs' corporate bond investments
Lower fund raise amid widening yield spread, tight liquidity
Banks bid for Rs 3.08 trillion against notified amount of Rs 2.5 trillion
The rupee settled at Rs 83.12 per Dollar on Wednesday. It moved in a narrow range of Rs 83.07 per Dollar to Rs 83.17 a Dollar in the current week as the RBI and oil companies continue to absorb inflow
States like Tamil Nadu, Himachal Pradesh, Maharashtra, and Telangana reported higher non-tax revenue than others, according to the RBI report on the Finances of Panchayati Raj Institutions.
The banking system's liquidity primarily stayed in deficit during the third quarter of the current financial year and it widened further in January, driven by tax outflows
Commercial papers are an unsecured form of short-term debt issued by corporations, which serves as a financial tool primarily directed at addressing immediate financial obligations
In a circular, the NSE said the currency derivative segment would remain closed on January 22
Foreign investors pumped in Rs 14,281 crore in domestic debt market in January
Das said the central bank had not mandated any number on credit deposit ratio, and neither do they propose to
The rupee depreciated by 0.17 per cent in November. The RBI's net outstanding forward sales by the end of November stood at $11.9 billion, against $14.6 billion in October
The company had launched three public issues of NCDs since 2021 and raised more than Rs 260 crore
After increasing the key policy rates by 250 basis points to 6.5 per cent between May 2022 and February 2023, the central bank paused in the next five policy review meetings
Continuous VRR indicates accommodative approach on liquidity
The highest mobilisation in 2023 came from All-India Financial Institutions and banks, accounting for Rs 4.71 trillion, representing a 29 per cent increase from the previous year's Rs 3.66 trillion
The fall in US Treasury yields and foreign portfolio investor (FPI) inflows further aided rupee and bonds
Next financial year also likely to see similar target
The local currency strengthened for the eighth consecutive trading session on Friday; it touched an intraday high of 82.86 per dollar before settling at 82.92, compared to 83.03 on Thursday
Das says cybersecurity threat remains a major challenge