BUSINESS
Paytm mess likely to make industry cautious but big impact unlikely, say experts
On January 31, 2024, the RBI imposed major business restrictions on Paytm Payments Bank, including a ban on accepting fresh deposits.
BUSINESS
Better debt ratings may help Satin Creditcare lower the cost of funds in Q4 FY24, says Chairman HP Singh
Singh expects disbursements in Q4 FY24 to grow by 43-44 percent.
BUSINESS
Moneycontrol Poll | Bankers, economists expect MPC to leave repo rate unchanged on Thursday
The monetary policy committee (MPC) is scheduled to meet from February 6 to 8.
BUSINESS
Budget borrowing numbers: Banks may see treasury gains in Q4
The yield on the 10-year benchmark bond with a 7.18 percent coupon rate has dropped 11 basis points since the budget announcement.
BUSINESS
States may lower market borrowings as budget proposes interest-free loans: Experts
In the Union Budget 2024, Finance Minister extended the 50-year interest free loans to state governments for another year, as part of the government's Gati Shakti master plan.
BUSINESS
Borrowing cost to remain lower in FY25 as Centre borrows less from market, say experts
In the Union Budget 2024, Finance Minister Nirmala Sitharaman announced gross market borrowing of Rs 14.13 lakh crore for the Financial year 2024-25.
BUSINESS
Indian bond yields fall 8 bps after FM Sitharaman announces reduced borrowing for FY25
Interim Budget 2024:For the financial year 2024-25, the government announced gross market borrowing of Rs 14.13 lakh crore and net borrowing of Rs 11.75 lakh crore. This is sharply lower than Rs 15.43 lakh crore announced for the current financial year.
BUSINESS
Government to provide training for MSMEs to compete globally, says FM Sitharaman
This is the sixth consecutive year when Sitharaman is presenting the budget, which is an interim budget as it comes months ahead of the Lok Sabha elections.
BUSINESS
Will the government give municipal bonds market a boost in Budget 2024?
In the last budget, finance minister Nirmala Sitharaman had said cities would be incentivised to improve their credit worthiness, so that they could issue municipal bonds.
BUSINESS
Interim Budget 2024: Govt may announce measures to improve NBFCs’ liquidity, say experts
Non-banking finance companies say refinance facilities and a special liquidity window will make more funds available at a lower cost.
BUDGET
Interim Budget 2024: Market borrowing likely to remain in the Rs 15-16 lakh crore range, say experts
The interim Budget for the fiscal year 2024-25 will be presented by Finance Minister Nirmala Sitharaman on February 1
BUSINESS
Explainer | Why RBI hasn’t announced a new benchmark bond yet? Here’s what experts say
The outstanding amount on the current benchmark bond, as of January 29, stood at Rs 1.85 lakh crore, much beyond the limit of Rs 1.5 lakh crore, as per RBI data.
BUSINESS
Shriram Finance’s personal loans not adversely affected by RBI regulations, says Revankar
The cost of funds may increase by 5-10 bps in the fourth quarter after the RBI increased the risk weight on bank loans to non-banking finance companies, Shriram Finance executive vice chairman Umesh Revankar said.
BUSINESS
Banks increase investments in SLR securities in December quarter. Here's why
The surge in investment by banks in Statutory Liquidity Ratio securities remained up to 29 percent on a yearly basis in the reporting quarter.
BUSINESS
MC Explains | Banking liquidity deficit hits 14-year high of Rs 3.5 lakh crore, Here’s how the RBI is managing the situation
The central bank, which has been intervening with multiple instruments to manage the liquidity situation, infused Rs 2.5 lakh crore via a variable repo rate auction today.
BUSINESS
L&T Finance Holdings says fund cost may rise up to 15 bps after RBI’s risk weight action
The company doesn’t expect any big-bang announcements in the budget because it is a vote on account, CFO Joshi said.
BUSINESS
Liquidity deficit in the banking system rises over 13-year high after tax outflows
The liquidity deficit is highest since March 31, 2010, as per Bloomberg data.
BUSINESS
Top banks provide for AIF investments post RBI diktat
The combined investment in all three AIF categories stood at Rs 3.54 lakh crore as on September 30, 2023, according to Securities and Exchange Board of India (SEBI) data.
BUSINESS
Commercial paper yield rises to over 5-year high, near IL&FS crisis level
The yield traded at 8.40 percent on January 18 as liquidity in the banking system remained tight.
BUSINESS
RBI AIF deadline ends today: Most lenders are making provisions on investments, say experts
In an effort to crack down on the misuse of AIFs to evergreen loans, the central bank had given lenders 30 days to liquidate their holdings in these funds or make provisions. The combined investments in all three AIF categories stood at Rs 3.54 lakh crore as on September 30, 2023, according to SEBI data
BUSINESS
CP yields rise 5-15 bps in one week as liquidity deficit widens
Yield on papers issued by non-banking finance companies maturing in three months rose to 8.20-8.50 percent this week from 8.10-8.30 percent last week, and those on manufacturing companies’ papers rose to 7.70-7.90 percent, from 7.65-7.75 percent.
BUSINESS
Bond market yield curve inversion indicates tight liquidity
The cut-off yield on 182-day Treasury Bills was set 7.1701 percent, which was marginally higher than current trading yield of 7.1620 percent on 10-year
BUSINESS
Budget 2024 | Bond St expects incentives to deepen municipal bond market
In the previous budget, finance minister Nirmala Sitharaman said cities would be incentivised to improve their creditworthiness, so that they can issue municipal bonds
BUSINESS
Ahmedabad, Vadodara municipal corps to raise Rs 300 cr via green bonds in January: Sources
Last year, finance minister Nirmala Sitharaman said cities will be incentivised to improve their creditworthiness so that they can issue municipal bonds.
