Anjali Kumari
Anjali Kumari
Additionally, the bulletin highlighted that studies indicate that changes in wholesale prices have a relatively minor impact on the difference between wholesale and retail prices
Earlier, traders were expecting the central bank to cut the repo rate, starting February
13 NBFCs raised Rs 12,551 crore in July so far
With messaging system MoU, no need to depend on SWIFT, says Governor Das
In July, the central bank conducted seven VRRR auctions so far to remove surplus liquidity from the system
The overall reserve had increased by $1.8 billion to $595 billion in the previous reporting week
The dollar index measures the strength of the US dollar against a basket of six major currencies
However, the Indian unit gave up some early gains as importers bought dollars for oil companies, dealers said
Banks parked almost Rs 1.3 trillion with RBI on Tuesday, versus Rs 2.3 trillion on July 4
It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark
Aims for 1 million CBDC transactions by year-end
Dollar index at two-month low; greenback purchases by banks on behalf of oil firms limits further rupee appreciation
RBI has held six VRRR auctions so far this month to remove excess liquidity from the system; total notified amount in the last five auctions was Rs 6 trn, in which banks have parked only Rs 364,232 cr
The long-term investors opt for state bonds rather than government bonds due to higher returns, dealers said
The IPO now includes an issue of fresh equity shares amounting to Rs. 486.74 crore and an offer for sale (OFS) of Rs. 142.3 crore
The offering includes a provision to reserve 1% of the total issue size for its employees, equating to Rs. 5 crore shares
To roll out systematic withdrawal plan in October
Stronger-than-expected job data firmed up expectation of further interest rate hike by the US Federal Reserve
Wholesale tomato prices crossed Rs 150 per kilogram in markets last week. A few weeks ago, tomatoes were being sold at Rs 15 to 20 per kg
As exporters took measures to protect their receivables, forward premiums declined from a recent peak of 1.87 per cent to 1.60 per cent, dealers said