The special repo window, under which banks can borrow up to 90 days to extend loans or buy debt papers of MFs, remains open till May 11. The total amount banks can borrow is Rs 50,000 cr
According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore
RBI's steps will help in smooth functioning of financial markets
Anarock Chairman Anuj Puri said RBI's move will push credit flow into all industries reeling under the impact of the coronavirus
Sebi release also hints that authorities intend to keep the markets open despite demands to keep it close to prevent it from falling
The RBI allotted an amount of Rs 25,012 crore, with a pro-rata allotment percentage to 92.27 per cent
Market participants said that some volatility has already been factored in the schemes
The SBI Cards' IPO closed on March 5, and since then the market has come off 11%
The Fed is reassuring lenders that they should dip into those buffers if needed, the sources said
Proceeds to be used to shore up liquidity
Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator
Easy liquidity available earlier is drying up, debt is piling up, debt repayments are due and a lot of investors are looking for profitability and not just production growth.
The spread of coronavirus adds to significant uncertainty
Large inflows can increase policy challenges
Unlike banks, it said these types of companies do not have the repo window facility to borrow in times of need
A commodity derivative product is considered to be 'liquid' on the basis of average daily turnover.
India trades at 77 per cent from a market cap-to-GDP perspective which is its long-term average, and not expensive, says Shiv Sehgal, deputy CEO, Edelweiss Global Investment Advisors
Tight onshore liquidity is driving NBFCs into the overseas bond and loan markets in search of funding
Finance Minister Nirmala Sitharaman continues her interactions with lenders, seeking to improve liquidity in financial system.
In an exchange note, Altico said it may have trouble making future repayments