BUSINESS
Yield curve inversion in bond market to stay till tight liquidity conditions ease, say experts
After all of February's Treasury bill auctions, the cut-off yield remained above the 10-year benchmark bond.
BUSINESS
Liquidity deficit in banking system to narrow this week on month-end govt spending
Currently, the liquidity in the banking system is estimated to be in deficit of Rs 2.42 lakh crore
BUSINESS
Crisis timeline: Here is what has happened so far at Paytm Payments Bank
On January 31, the RBI imposed major business restrictions on PPBL, including a bar on accepting fresh deposits and doing credit transactions after February 29. On February 16, it extended the deadline to March 15.
BUSINESS
Paytm to resume lending platform provider operations from first week of March, say sources
The lending platform provider business is not linked to Paytm Payments Bank’s operations.
BUSINESS
Banks see opportunity in Paytm implosion, look to corner QR code, sound box business
According to sources, Paytm Payments Bank’s fall is helping rivals in the Fastag space as well, where Airtel Payments Bank is expecting to add a million customers in the next four months.
BUSINESS
Microfinance industry loan portfolio will rise to Rs 4.24 lakh crore by March-end: MFIN CEO Alok Misra
According to an MFIN report, India's microfinance loan portfolio stood at Rs 3,76,110 crore as of September 30, 2023.
BUSINESS
Retail investor participation in online bond platform grow 30-40% in FY24, shows data
Market participants say there are more than 15 SEBI-recognised online bond trading platforms in the country.
BUSINESS
Green bond issuances fall to two-year low so far in FY24 on fewer incentives, waning investor interest
Kerala Infrastructure Investment Fund Board raised Rs 300 crore on June 30, 2023, and Ahmedabad Municipal Corporation raised Rs 200 crore on February 5, 2024.
BUSINESS
Corporate bonds borrowing cost may fall on shift in demand as govt borrowing completes: Experts
Since the start of this month, yields on corporate bonds have risen marginally by 1-2 basis points on three-year and five-years papers. However, 10-year corporate bond yields fell 2 bps.
BUSINESS
Banks raise Rs 64,000 cr so far in February through CD issuances as liquidity tightens
As per data compiled from market sources, yields on CDs maturing in three months stood in the range of 7.80-8.00 percent on February 15, up from 7.70-7.95 percent on February 1.
BUSINESS
Paytm Payments Bank is not alone; RBI’s punitive actions in last five years
On January 31, the RBI imposed business restrictions on Paytm Payments bank citing repeated violations of norms and non-compliance with multiple rules. Here is a list of cases where the central bank imposed curbs on major banks and NBFCs.
BUSINESS
SC electoral bonds order levels the playing field, say bankers, legal experts
The Supreme Court has struck down the electoral bond scheme as unconstitutional and ordered the State Bank of India to immediately stop issuing the bonds
BUSINESS
Corporate bond issuances up 21% on-year so far this fiscal
National Bank for Agriculture & Rural Development, Housing Development Finance Corp, REC, State Bank of India, and Power Finance Corp were the top five issuers in the corporate bond market
BUSINESS
Higher interbank rates could push up those of short-term debt instruments: Analysts
RBI has conducted six variable rate repo auctions to support liquidity so far this month with February 7, 9 and 12 recording two such auctions each
BUSINESS
Softer core inflation may help RBI inch closer to target, say economists
India’s headline retail inflation rate decelerated to a three-month low of 5.10 percent in January.
BUSINESS
SMA-2 loans of banks reduce, NPAs fall in third quarter, indicating better asset quality
A Moneycontrol study shows that six out of 10 banks analysed, showed a fall in the number of loans in the SMA Category 2. A majority of banks also showed a reduction in NPAs.
BUSINESS
RBI may keep repo rate unchange in April policy despite easing CPI inflation, says economists
The data released by the Ministry of Statistics and Programme Implementation on February 12 showed, India's headline retail inflation rate decelerated to a three-month low of 5.10 percent in January.
BUSINESS
MC Explains: All you need to know about programmability and offline functionality proposed in CBDC pilot
The digital currency is primed for launch, with the pilot project under way. On July 11, 2023, RBI Deputy Governor T. Rabi Sankar in his speech at Moneycontrol Startup Conclave touched upon the possibilities that can bring innovation and efficiency in CBDC.
BUSINESS
Partnering with Paytm Payments Bank a business decision of banks, says RBI's Swaminathan
On January 31, the RBI imposed major business restrictions on Paytm Payments Bank Ltd (PPBL), including a ban on accepting fresh deposits.
BUSINESS
Paytm Payments Bank: It’s about a firm, nothing to worry about the system, says RBI Governor
'Let me put the record straight on the Paytm issue. There is no worry about the entire system. It is an issue with a specific institution,' the RBI governor said
BUSINESS
RBI MPC: Central bank to review regulatory framework for electronic trading platforms
The RBI kept repo rate unchanged in the February monetary policy at 6.50 percent.
BUSINESS
RBI proposes additional use cases for CBDC pilot
The RBI kept repo rate unchanged in the February monetary policy at 6.50 percent.
BUSINESS
Liquidity in banking system in surplus even after adjusting for cash balances: RBI governor
The RBI kept repo rate unchanged in the February monetary policy at 6.50 percent.
BUSINESS
RBI may maintain tight liquidity stance to manage inflation, say experts
The RBI, which will release its next monetary policy on February 8, is expected to continue with finetuning operations
