Page 66 - Anjali Kumari

Government bonds and rupee weaken sharply on strong US economic data

The yield on the benchmark 10-year bond rose by 4 basis points, settling at 7.16 per cent

Day after Fed decision: Govt bonds slip from highs, rupee strengthens

The yield on the benchmark 10-year bond settled at 7.12 per cent, compared to 7.10 per cent on Wednesday

RBI issues clarification on validity, status of Star series banknotes

The presence of this symbol recently sparked discussions on various social media platforms

T-bills cut-offs remains steady, as liquidity conditions remain unchanged

The latest data showed that banks parked almost Rs 1.4 trillion with the RBI on Tuesday, as compared to Rs 1.3 trillion on July 19

Swiggy enters credit card space, launches co-branded product with HDFC Bank

Card will operate on Mastercard's payment network; rollout in phases on Swiggy app overnext 7-10 days

SrGBs will facilitate price discovery for other fin instruments: RBI's Rao

Rao emphasised that there is a growing trend of ESG-focused funds in global financial markets, driven by institutional investors seeking greater transparency

Fundraising activity in debt market gathers speed ahead of festival season

Nabard, Tata Capital, Mahindra Finance to tap into market

RBI stocks up US dollar, pulling rupee back from a six-month high

The RBI intervened and the rupee hit the 81.90 level in intraday trade. The rise in crude oil prices further weighed on the Indian currency

Bond auction: 11 states borrow Rs 19,000 cr; Tamil Nadu tops the list

The Reserve Bank of India (RBI) data showed that Tamil Nadu raised the highest amount of Rs 5,000 crore through two bonds

Rupee rises as Asian currencies appreciate, foreign inflows continue

The rupee opened at 81.71 per US dollar, tracking the rise in Asian currencies. The yuan fell to CNY 7.13, compared to 7.21 on Monday at the close of the Indian foreign exchange market

Rupee hits at 11-week high against US dollar on strong FPI inflows

The impact of a rise in the dollar index was offset by the overall positive sentiment due to steady inflows, observe dealers. The Indian unit settled at Rs 82.01 per dollar on Friday

IDBI Bank Q1 results: Net profit rises 62% to Rs 1,224 cr, NII up 61%

The lender's net interest margin (NIM) rose 178 basis points, to 5.8% for the first quarter, compared to 4.02% for the same period in the previous year

LIC Housing Finance plans to raise Rs 1,250 crore through bond sale

The debt market experienced a notable decline in issuances during July as issuers chose to take a back seat in response to the escalating cost of borrowing

YES Bank Q1 net rises 10% to Rs 342 crore, net interest income up 8%

Net interest income - the difference between interest earned and interest expended - grew by 8.1per cent to Rs 2,000 crore

India's forex kitty swells to $609 billion, rises to nearly 16-month high

The total reserves rose by $36 billion on a year-on-year (YOY) basis. In the first six months of 2023, foreign exchange reserves have increased by around $33 billion

Strong foreign inflows buoy rupee, government bonds reverse losses

The index measures strength in the Greenback against a basket of six major currencies

Godrej Capital announces launch of unsecured business loans for MSMEs

Additionally, borrowers can avail themselves of a reward program for timely repayments, the company said

Power Finance Corporation aims to raise Rs 5,000 crore through NCDs

The effective yield offered to NCD holders varies based on different categories and ranges from 7.44 per cent to 7.54 per cent per annum

IndusInd Bank Q1 results: Net profit rises 32.5% to Rs 2,124 crore

Net interest income (NII) grew by 18 per cent YoY to Rs 4,867 crore

RBI continues dollar-buying spree, accumulates $16 billion since Feb

Central bank purchased $7.7 bn in April, the most in two years, and $7.37 bn in May