Anjali Kumari
Anjali Kumari
Market participants expect the liquidity to ease by the end of December due to redemptions and government spending
Furthermore, the market is projecting a total increase of a minimum of 15-20 per cent in corporate bond issuances for the entire current financial year compared to the last year
The report said that on average, ML techniques demonstrated superior performance compared to traditional linear models in both pre-pandemic and post-pandemic periods
The bank had said that it will use the amount to fund business growth
On Sunday, 21 branches of the bank were opened which did not see any unusual rush
Currency in circulation up despite rise of digital transactions
Foreign inflows of Rs 47,105 crore into debt in CY23 at 6-year high
Deputy guv says efforts to provide timely solutions to grievances have not kept pace with technology
Separately, Balaji Rajagopalan, SBI's Chief Technology Officer, said that the target is to achieve 1,000,000 users by the end of December from the existing 400,000 users
RBI says growth-driving sector exempted from tighter norms
Sound caution on credit growth, model-based lending, high-interest rates charged by MFIs, contagion risks
The issuer received bids in the range of 7.85-7.87 per cent, according to market participants
Goa and Haryana secured lower cut-offs at 7.65 per cent, whereas Arunachal Pradesh experienced a higher cut-off
The market sees the recent decline in swap rates as reflecting a diminishing concern about an impending effective rate hike in India
Market participants said the rate on the bonds might be 15-25 basis points higher than that on Reliance Industries bonds issued earlier this month
The 10-year benchmark yield settled at 7.22 per cent on Friday
NBFCs have the option to raise funds through commercial papers, but overreliance on short-term debt instruments could lead to an asset-liability mismatch
Venkitaramanan was born in Nagercoil, part of the Padmanathapuram division of the princely state of Travancore
However, the increase in term deposit rates in the current tightening cycle has exceeded that in lending rates, the report said
In the second quarter of the current financial year, the RBI purchased a net total of $1.9 billion of foreign currency, against $33.7 billion in the second quarter of the previous financial year