The bond market participants see the yields falling by another 15-20 basis points from the present level
The RBI said it had received a reference from Customs authorities regarding submission of forged bill of entries by certain importers to the bank for remittance of foreign currency
The report has also mentioned mainstreaming the restructuring of stressed loans, considering the central bank had given a one-year window to banks to do so in January
There shouldn't be room for interpretation in new framework, say experts
Indian economy was closely linked to the global one, and if US-China trade relations deteriorated, it would be difficult for the RBI to sort out domestic issues with liquidity, he said
Plan has to be implemented within 180 days after that
This may also take a toll on the operations of small-time money changers in the long term in case the platform is adopted directly by the customers
Internal working group to review liquidity management framework
The public sector bank did not mention the amount, and said the information regarding the accounts will be given separately to the bidders
SBI expects RBI to cut rate by as much as 50 bps at June 6 meet
The inclusion of a country on this list is merely a pressure tactic, mainly targeted at China, say experts
The task force would design the market structure for loan sales/auctions
The bond market expects at least 25 basis points (bps) cut in the June 6 policy
In the next 100 days, during which falls the Union Budget in July, the government will be busy with pending issues
For now, the facility will be available only for dollars, but more currencies will be introduced later
All NBFCs must have contingency funding plans for responding to severe disruptions
The original 'resolution of stressed assets' framework created a huge rift between the government and the RBI, and perhaps led to the exit of Urjit Patel as governor
Rupee had last seen a similar jump on March 18
NBFCs will be able to borrow, based on their retail, agriculture, and other such assets
KIIFB had registered for issuance before the March 31 deadline, data from the RBI shows