Apr 25, 2016 at 10:43 | Source: CNBC-TV18
Since December 2015, banks have been borrowing Rs 1.5-2.5 lakh crore from RBI to meet their daily CRR requirements. The governor addressed this complaint fully and squarely in the April 4th policy when he said he will reduce the liquidity deficit in the interbank market to zero.
Apr 06, 2016 at 15:55 | Source: CNBC-TV18
The new grammar of liquidity proposed by RBI is a challenge for itself as it now needs to demonstrate the same dexterity in its liquidity stance which can tougher as forecasts of currency withdrawal by the public, of dollar flows, and of governments unspent cash surplus can at best be approximate, says Latha Venkatesh of CNBC-TV18.
Apr 06, 2016 at 10:18 | Source: CNBC-TV18
Mowat further says that after the shaky start to 2016, there has been significant change in sentiment towards emerging markets (EMs) over the last one month. India currently, he says, is a buy on dips market.
Apr 05, 2016 at 19:23 | Source: CNBC-TV18
RBI's open market operations wouldn't be flooding the system with excess money. The policy is a big structural change, says Hitendra Dave, Head Of Global Banking & Markets, HSBC India.
Apr 05, 2016 at 17:17 | Source: CNBC-TV18
The Reserve Bank of India Tuesday cut interest rates by 25 basis points, which disappointed some who had expected a 50 bps cut. Bond dealers and economists, however, call it a landmark policy.
Apr 05, 2016 at 12:15 | Source: Reuters
The Reserve Bank of India cut its policy interest rate by a quarter percentage point on Tuesday, reducing it to a more than five-year low. It also reduced the cash proportion of daily reserve requirements that banks must keep with it, while pledging to inject more long-term liquidity.
Apr 05, 2016 at 12:00 | Source: Moneycontrol.com
The market fell more than 1 percent in noon trade, dragged by banks after the Reserve Bank of India cut repo rate and statutory liquidity ratio.
Apr 05, 2016 at 11:47 | Source: Reuters
The 10-year benchmark bond yield fell as much as 9 basis points to 7.34 percent from levels just before policy announcement. The 10-year yield had closed at 7.41 percent on Monday.
Apr 05, 2016 at 11:01 | Source: Moneycontrol.com
The Reserve Bank of India slashed repo rate (at which banks borrow money from the RBI) by 25 basis points but kept cash reserve ratio and statutory liquidity ratio unchanged.
Apr 04, 2016 at 08:58 | Source: CNBC-TV18
Hopefully, the RBI policy tomorrow, both the rate cut and liquidity framework, will reduce cost of hedging, says Ananth Narayan, Standard Chartered.