Page 59 - Anjali Kumari

Reserve Bank of India may conduct OMO auction in first week of Nov

According to market participants, the Reserve Bank of India (RBI) will issue a notification on OMO sales by October 31

Five MSME lending products complete test phase under RBI's sandbox cohort

Products of the entities that completed the test phase were evaluated based on mutually agreed test scenarios and expected outcomes

CRA to replace pension funds as FIP in account aggregator ecosystem

As per RBI, an Account Aggregator means a non-banking financial company (NBFC) that undertakes the business of an account aggregator, for a fee, among other services

CBDC pilot projects show promising results: RBI governor Shaktikanta Das

Furthermore, Das said that the ongoing conflict in Ukraine has significantly influenced the central bank's recent strategies in combating inflation

Fundraising through corporate bonds decline in October, shows data

According to data from the Prime database, companies and banks raised Rs 23,797 crore as of October 24, compared to Rs 72,941 crore in September

Weekly Treasury bills' yield rise as bank liquidity deficit nears Rs 1 trn

The Reserve Bank of India set the cut-off yield on 91-day, 182-day and 364-day T-bill at 6.93 per cent, 7.14 per cent and 7.16 per cent respectively

Floating-rate savings bonds on RBI online portal may not be instant hit

These bonds usually perform well in a rising rate environment, say mkt players

Rupee stable, forward premia dip on RBI's likely $5 billion forex rollover

The rupee settled at Rs 83.19 per dollar on Monday as against Rs 83.12 on Friday

RBL Bank Q2 results: Net profit increases 46%, aided by rise in core income

Provisions rise amid strategic shift in advances

Transparent policy anchored inflation expectations in Covid times: BIS

Further, exchange rate intervention also helped anchor expectations and facilitated the overarching objective of maintaining macroeconomic stability and market confidence

At $3.9 bn in August, RBI turns net seller of dollar for first time in FY24

The central bank bought $5 billion, while it sold $43.6 billion of foreign currency in August

Reserve Bank of India net sells $3.9 billion foreign currency in August

The rupee depreciated by 0.6 per cent in August. In July, the RBI had recorded a net purchase of $3.4 billion in the spot market

RBI intervenes to helps rupee from hitting new low amid high US yields

The Indian unit moved in a range of Rs. 83.25 a dollar to Rs. 83.28 per US Dollar for the entire day

Banking liquidity moves to surplus due to govt spending, RBI concerned

The banks parked Rs 1,512 crore with the RBI on Tuesday, according to the data released by RBI

IndusInd Bank Q2 results: Net profit up 22% on NII growth, low provision

Yield on assets for the quarter stood at 9.69 per cent, compared to 8.65 per cent in the same quarter of the previous year

Yield on high-rated NBFC to harden further by December, tracking g-sec

The AAA-rated bond yields settled at 7.83-7.92 per cent on Monday, whereas, the yields on AA-rated bonds settled at 8.63-8.66 per cent

Rupee hits fresh closing low of Rs 83.28 due to rise in crude oil prices

Brent crude oil prices crossed $90 per barrel on Monday, a 6 per cent increase from Friday, amid escalating geopolitical tensions in West Asia

Incred Finance plans to raise Rs 300 crore via non-convertible debentures

The company plans to allocate 75 per cent of the net proceeds for purposes such as onward lending, financing and the repayment of existing borrowings, including interest and principal

RBI slaps monetary penalties on RBL Bank, Union Bank, and Bajaj Finance

Union Bank of India has incurred a penalty of Rs 1 crore for its failure to comply with specific directions

RBI starts pilot programme for wholesale digital rupee in call money market

More use cases on to be tested; Plan to test the entire wholesale segment