Page 2 - Cash Reserve Ratio

Lenders seek better terms to increase green and sustainable financing

According to current norms, for Rs 10,000 crore of loans, banks have to ensure Rs 4,000 crore of priority sector lending target

Many faces of OMO

The OMO sale is quite an innovative way to address the concerns around currency

Banking liquidity remains in deficit after I-CRR disbursement's 2nd tranche

RBI had decided on September 8 to discontinue the I-CRR by October 7, in a phased manner

Advance tax payments push the banking system liquidity into deficit

"The estimates are that around Rs 90,000 crore to Rs 1 trillion will go out as goods and services tax (GST) outflow," a dealer at a primary dealership said

Lenders likely to hike deposit rates up to 25 bps this festival season

Only those with asset-liability management mismatch would consider upward rate revisions

Overnight index swap rates at 10-month high; government bond yields rise

One-year swap rate has jumped 13 bps so far in September, whereas the five-year swap rate has jumped 19 bps

India's OIS rates hit nine-month high, government bond yields rise

The one-year swap rate hit 7.10 per cent on Monday, the highest level since March 9, while the five-year swap rate rose to 6.85 per cent, a level last seen on November 9, 2022

RBI decides to withdraw incremental CRR by Oct 7 in phased manner

RBI had said the I-CRR decision will be reviewed on or before 8 September

RBI to discontinue incremental cash reserve ratio in a phased manner

The amounts impounded under the I-CRR will be released in stages so that system liquidity is not subjected to sudden shocks and money markets function in an orderly fashion

India bond yields end flat as all eyes on RBI's I-CRR review this week

The I-CRR could be reduced to 5%-8% in a phased manner from the current 10%, treasury officials have said

RBI may extend incremental cash reserve ratio with tweaks: Bankers

"The I-CRR is acting as an indirect rate hike and, at best, the RBI could lower the limit taking into consideration tax outflows," a senior treasury official at a private bank said

Maruti Suzuki to invest Rs 45,000 crore to double capacity in 8 years

Company chairman Bhargava defends decision to issue equity shares on preferential basis to parent Suzuki Motor Corporation

Short-term govt bond rates harden after incremental CRR guidelines

The yield on the one-year and two-year government bonds has edged up 8 basis points and 4 basis points respectively since August 10

10% incremental CRR temporary, will drain out Rs 1 trn from system: RBI

Short-term rates on money market instruments like call money rates, treasury bills and commercial paper are likely to increase by 15-20 bps in the near term: ICRA

Incremental CRR move to help suck out Rs 1 trn of excess liquidity: Das

Reserve Bank Governor Shaktikanta Das on Thursday said the move to impose a 10 per cent incremental cash reserve ratio for a limited period will help suck out Rs 1 lakh crore of excess liquidity from the system. The move, announced along with the bi-monthly policy review, was the best option under the current circumstances and there is enough liquidity in the system for the banks to continue their lending operations, Das told reporters. While announcing the move, Das had said the return of Rs 2,000 notes since May 19 this year, has led to instances of excess liquidity for which the move was being introduced. Replying to a question on whether it will also include the impact of the merger of HDFC with HDFC Bank, Das said the move is applicable to all scheduled banks. Das said the recent spike in consumer price inflation is driven by food inflation and is expected to be short-lived if we were to go by past instances. However, if these idiosyncrasies persist and become generalised, th

Incremental CRR to suck out liquidity of over Rs 1 trn: RBI governor Das

During the RBI MPC announcement, Shaktikanta Das had said that I-CRR is intended to absorb the surplus liquidity generated by various factors, including the return of Rs 2,000 notes to the banks

Banks to maintain 10% additional CRR from Aug 12 as temporary measure: RBI

Action is part of central bank's efforts to reduce surplus liquidity, it says after monetary policy announcement

Banks want CRR, SLR, priority sector exemption for sovereign green bonds

Suggest green masala bond to attract foreign investors

RBI imposes penalty of Rs 13.9 lakh on Mynd Solutions for non-compliance

Non-promoter shareholding in the company exceeded the 10% ceiling prescribed for TReDS operators

ICICI Bank raises Rs 5,000 cr via infrastructure bonds for funding projects

The base issue size for ICICI Bank's infra bonds was Rs 1,000 crore with green shoe option of Rs 4,000 crore