Anjali Kumari
Anjali Kumari
The reserve rose mainly on account of a rise in the RBI's foreign currency assets, which rose by 2.57 billion to $527.65 billion in the previous week
The Reserve Bank of India set the cut-off price on the 7.41%, 2036 bond at Rs 101.90, against the market expectation of around Rs 101.83
While Turkiye raises interest rate 650 bps to 15%, Bank of England raises it by 50 bps to 5%
India's GDP growth rose sharply to 6.1 per cent in January-March from 4.5 per cent in October-December
Surplus liquidity in the system, as indicated by the amount of funds that banks park with RBI, increased to Rs 34,843.21 crore on Tuesday, from Rs 18,657.21 crore on Monday
Due to the fall in surplus liquidity, the RBI conducted variable rate repo (VRR) auction after a month on Monday
Bond prices and yields move inversely
Banks expect more such auctions in June, given the high call and trep rates