Page 56 - Anjali Kumari

Reserve Bank of India to conduct 7-day variable rate repo auction on Friday

"The response should be good from the banks and the auction should sail through easily as the liquidity is very tight right now," a dealer at a state-owned bank said

Rupee settles at new closing low of 83.40 on caution ahead of US Fed meet

The dollar index, which measures the strength of the greenback against a basket of six major currencies, rose to 103.95, against 103.78 on Tuesday

Bank of Maharashtra raises Rs 259 cr at 7.99% through tier-II bonds

The issue had a base size of Rs 250 crore and a greenshoe option of Rs 750 crore

RBI cautions states with over 4% fiscal deficit, urges tax reforms

Says returning to OPS would put substantial burden on finances

States' gross fiscal deficit below Budget Estimate for a 2nd yr: RBI report

The implementation of goods and services tax (GST) has led to increased tax buoyancy for the states," the report said

India's GDP growth may slow down to 6.5% in FY25: Axis Bank report

Mishra also said that the Reserve Bank is unlikely to cut its repo rate through the calendar year 2024 due to volatile food inflation

MPC review: RBI's foreign exchange risk move may not hit rupee for now

Rupee may not see any immediate impact: Market players

India's foreign exchange reserves cross $600 billion after four months

'We remain confident of meeting our external financing requirements comfortably," Das said

Monetary policy review: Reversal of SDF, MSF on weekends from Dec 30

Market analysts said that the RBI's persistent focus on addressing the uneven distribution of liquidity in the banking system led them to the adoption of measure

Master Direction part of Initiative for forex market risk management: Das

India's foreign reserves rise by $6 billion

RBI MPC keeps repo rate unchanged at 6.5% for 5th straight policy review

The central bank raised the GDP growth forecast for FY24 to 7% from 6.5%

RBI revokes the banking licence of UP-based Urban Co-operative Bank

According to data submitted by the bank, 98.32 per cent of depositors are expected to receive the full amount of their deposits from DICGC

Indian banks' profit to rise; China economy a worry: Moody's report

China's economic growth expected to slow down to 5% in 2023 and 4% in 2024

Rupee settles at record closing low of 83.39 against the US dollar

The Dollar Index, which measures the strength of the greenback against a basket of six major currencies, rose to 103.65, against 103.31 on Monday

Arka Fincap aims to raise Rs 300 crore via non-convertible debentures

Due to surging unsecured loans like personal loans and those on credit cards, the RBI increased the risk weighting for such loans from 100 per cent to 125 per cent

Banking liquidity swings to surplus after a month driven by govt spending

"OMO is out of the picture right now because it will also disrupt the overall supply at this point in time," said a dealer at a state-owned bank

Corporate bond market set to double by FY2030 at Rs 100 trn: Report

Market expected to finance one-sixth of envisaged capex in infrastructure, corporate sectors

MPC likely to hold repo rate for fifth time in a row, shows BS poll

Likely to revise FY24 growth forecast upward

November sees highest issuances of certificates of deposit in FY24

In November, banks issued CDs worth Rs 75,884 crore

Rupee closes at new low of 83.39/$; worst performer among Asian currencies

The previous all-time closing low for the rupee was 83.35 a dollar on November 20. The rupee had hit a record low of 83.48 (intraday) against the dollar on November 10