The Reserve Bank of India's forex strategy has been in sharp focus after it stepped away from dogged dollar buying amid large inflows
As challenges mount, the central bank will need to strike a fine balance between managing the rupee, domestic liquidity and fiscal financing
The cut-off yield was 4 per cent, which is at par with the policy repo rate
The two tranches will be worth Rs 10,000 crore each on multi-security auction using multiple price method, the central bank said in a statement
The loans under the package will be co-funded by PFC and REC in equal proportion and will be sanctioned in two tranches
Yields have dropped and the spreads have compressed despite foreign portfolio investment outflows of around $3 billion from corporate bonds in 2020, says article
Under the scheme, eligible non-bank lenders will be provided short-term liquidity through a special purpose vehicle set up by the SBICAP securities
A stamp duty of 0.005 per cent will be levied on issuance of units, and 0.015 per cent on transfer of mutual fund units.
The liquidity situation for non-banking financial companies (NBFCs), which had been facing a crunch on this front for some time now, is improving.
Take into account the fundamental factors driving demand before deciding to shift from gold to silver
Dangers of global liquidity glut are the same as the last crisis
In a stress case, where collections are nil and there is no moratorium on liabilities, the proportion of companies with low liquidity could go up to 25%
Unlike the slowdown a decade ago, demand for credit cards and personal loans will remain as consumers look to secure funds to bridge gaps in personal finance.
Says GST rate reduction to go to Council; Council is likely to meet on Friday through video conferencing.
Higher costs and constrained cash inflows amid declining demand mean the per-unit operating gap of discoms will widen to 83 paise per unit by the end of this fiscal
Issuance of CMB may mean liquidity available with govt won't be enough, especially after stimulus packages, and in the face of a falling revenue collection due to the nationwide slowdown
Ensuring return of labour as important as sending them back home, says Seshagiri Rao
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
These firms operate with very little short-term liquidity, which can become even more strained as customers start defaulting even after the moratorium
Mutual funds had requested regulator to allow higher limits for G-secs, T-bills