Page 11 - Rbi

Short-term bond yields hit three-month low on RBI dollar measures

On Friday, the ‌Reserve Bank of India unveiled steps to attract dollar inflows, including fully subsidising hedging costs on foreign currency deposits raised from non-resident Indians

RBI likely stepped in to support rupee, conducts swaps, say traders

The rupee was at 95.27, up modestly ‌on the day after hitting an intra-day low of 95.5625 in early trading

FCNR (B) returns: Rate differential may cloud inflows despite RBI support

Bankers expect FCNR(B) inflows of $20-45 billion as RBI absorbs hedging costs, though a much narrower India-US interest-rate differential may limit leverage-driven participation

RBI's special ECB window may attract up to $20 billion in overseas inflows

State-owned entities are expected to lead fundraising under the RBI's concessional swap facility, with market participants estimating inflows of $15-20 billion

HDFC Bank raises MCLR by up to 10 bps despite RBI holding repo rate steady

The country's largest private-sector lender increased lending benchmarks across tenors, with the sharpest rise in the two-year MCLR despite an unchanged policy rate

RBI MPC June meeting explained: Will interest rates rise again? What to expect | Rate cut

The RBI is expected to keep interest rates unchanged, but rising oil prices and inflation risks could shape its future stance.

RBI opens FCNR(B) swap window to attract foreign-currency deposits

The facility will allow banks to raise fresh three- to five-year FCNR(B) deposits at lower hedging cost, helping support foreign inflows and the rupee

RBI's latest measures may have steadied rupee, but risks far from over

RBI's incentives may attract short-term foreign inflows and ease pressure on the rupee, but they do little to address weak FDI and sustained foreign investor outflows

Fund managers see duration headwinds easing, but await better entry points

RBI and government measures to attract foreign capital have improved sentiment in the bond market, but most fund managers continue to favour shorter-duration papers

Chatroom: Clarifications on MTT, Incoterm, self-sealing, authorisations

Experts clarify RBI norms on merchanting trade, DPU vs DAP usage, self-sealing permissions and EPCG authorisation rules for exporters

India's current account posts surprise surplus in Q4 on remittances boost

Strong services exports and record remittance inflows helped India record a current account surplus of $7.1 billion in the March quarter despite continued capital outflows

RBI exempts FCNR(B), ECB swap positions from banks' NOP-INR limits

The move is expected to support recently announced measures to attract foreign capital, while easing regulatory constraints on banks participating in RBI swap facilities

RBI launches FCNR(B) swap facility, allows banks flexibility on rates

The forex swap window, open until October 2026, will enable banks to mobilise fresh FCNR(B) deposits while the RBI bears the hedging cost on eligible inflows

RBI's bulk deposit proposal paves way for risk-based pricing by banks

Draft framework would allow lenders to align deposit rates with liquidity costs under LCR norms, improving pricing efficiency and balance-sheet management

India records $7.1 bn current account surplus in Q4 FY26: RBI data

India reported a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, according to the Reserve Bank data released on Monday. The surplus stood at USD 13.7 billion, or 1.4 per cent of GDP, in the fourth quarter of 2024-25. However, for the entire fiscal year, the current account deficit stood at USD 25.2 billion, or 0.6 per cent of GDP, compared to USD 22.9 billion, or 0.6 per cent of GDP, during 2024-25. "Net services receipts increased to USD 60.4 billion in Q4 2025-26 from USD 53.3 billion a year ago," according to RBI's data on Developments in India's Balance of Payments during the Fourth Quarter (January-March) of 2025-26. Services exports increased on a year-on-year basis in major categories, such as computer services and other business services. On the other hand, the merchandise trade deficit at USD 83.4 billion in Q4 2025-26 was higher than USD 59.3 billion in Q4 2024-25.

RBI likely to join Asia's rate-hike push as inflation pressures rise

RBI's commentary on inflation 'opens the door for rate hikes in the next meeting' in August, according to Pranjul Bhandari, chief India economist at HSBC Holdings Plc

Rupee defence lifts RBI's net short dollar book past $110 billion mark

RBI ramped up its interventions after the rupee weakened to a record low on May 20, almost hitting the 97 per dollar mark

Inflation likely rose to 4% in May amid rising food, fuel costs: Poll

RBI Governor Sanjay Malhotra said underlying inflation pressures remained benign, although second-round effects warranted vigilance

What steps India has taken to stem dollar outflows, support rupee

A surge in oil prices following the Iran ​conflict and selling of Indian stocks by foreign investors are likely to widen ​the BoP deficit this financial year

Goldman Sachs sees rupee weakness capped after RBI's steps to boost inflows

Goldman's comments hold significance as the rupee fell to a new low of 96.9650 per dollar last month amid a surge in global crude prices and record overseas outflows from equities