Anjali Kumari
Anjali Kumari
During the current financial year, the RBI was a net buyer of the greenback only in May, while it remained a net seller in the other five months
These comments come a week ahead of the meeting of the six-member monetary policy committee that starts from December 3. The decision in the meeting will be announced on Friday, December 5
The rupee clawed back some losses after the RBI intervened heavily in spot and NDF markets, helping arrest its slide toward 90 per dollar even as global dollar strength
Possible US trade deal may help lift Indian currency, say experts
DME Development Ltd, the NHAI-owned SPV for the Delhi-Mumbai Expressway, is preparing a ₹5,975 crore bond buyback after earlier repurchasing ₹9,924 crore
RBI's absence in the market may be behind the sharp fall
The net liquidity in the banking system was in a surplus of ₹1.56 trillion on Thursday, according to latest data by the RBI
PSU NBFCs Nabard, Sidbi, PFC and IRFC will raise up to ₹24,000 crore next week as issuers rush to lock in funds ahead of the RBI's December policy review amid expectations of firming yields
Another rate cut will make mobilising resources tough
The RBI's VRR operations are intended to infuse liquidity into the financial system and anchor short-term money market rates closer to the policy repo rate
Canara Bank is set to raise up to ₹3,500 crore through AT-1 bonds on November 25, likely the first such issue of the financial year, as falling yields revive activity in the domestic debt market
Canara Bank is set to raise up to Rs 3,500 crore through AT-1 bonds on November 25, likely the first such issue of the financial year, as falling yields revive activity in the domestic debt market
Formal call likely in Jan; inclusion may trigger $25 billion inflows
Experts suggest 30% equity contribution should include preference shares and convertible instruments
After Maharashtra last week, Tamil Nadu rejects bids for 15-year paper
Fundraising rush follows SBI's record Oct issue as yields soften
The dollar index was largely steady at 99.55, against the previous close of 99.62. It measures the strength of the greenback against a basket of six major currencies
Government bond yields dropped as traders anticipated Reserve Bank of India support through open market purchases, with expectations of an OMO calendar announcement boosting sentiment
Bond mkt expects OMO calendar in Dec policy review
He said that in a truly competitive market, banks might have sought to recover these additional costs from fintechs, but doing so could have slowed the pace of technological adoption.