The consultation paper released on October 16 said that the demat accounts cannot hold equity shares
Indian bonds were added to the JP Morgan Bond Index – Emerging Markets over 10-month period on June 28.
The RBI’s Retail Direct scheme helps individuals to invest in government securities through a direct platform.
Yield on the state development loans have seen a moderation in the last few months by 5-7 basis points based on easing yield on government securities.
The RBI's app may offer a seamless and integrated platform for investing in G-secs, providing a one-stop solution for retail investors' needs.
Sitharaman was speaking at an event commemorating 90 years of the Reserve Bank of India
Dinesh Khara has noted that there is a scope and case for the co-existence of both physical currency and CBDC.
The cut-off yield on the 10-year SDL eased by 13 basis points (Bps) on-week while the 7-year SDL fell by 8-9 bps on weekly basis. One basis point is one hundredth of the percentage point.
The RBI Governor announced the restoration of government securities market timing to pre pandemic. G-Sec market will now be operational between 9am and 5pm
As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI's treasury actively participates in primary auction of government bonds.
Yields may move in a tight range around 7.5 percent as dealers eye easing signs in India and US inflation data this week.
While there is a cost advantage in using RBI's direct platform, without the ease of transaction, it may take time for retail investors to warm up to it
All pension fund managers beat their mutual fund peers as well as the benchmark over three years
For the current financial year (2020-21), the gross borrowing estimate was revised to Rs 12.8 lakh crore as against the Budget estimate of Rs 7.8 lakh crore. However, Economic Affairs Secretary Tarun Bajaj said the Centre has borrowed a record gross Rs 13.70 lakh crore in 2020-21, while net borrowing was Rs 11.43 lakh crore.
Investors can trade through the exchanges and also participate in primary issuances directly through their Retail Direct account
Investors are taking profits from gilt funds or g-sec funds, as yields not expected to see meaningful dips from current levels
Most pension fund managers’ g-sec schemes have delivered double-digit returns over five years
The NPS allows investments in equity, corporate debt, government securities and alternative asset schemes
Governments are criticised for using institutions as captive source of financing deficits and retail participation will mitigate this criticism.
The repo rate currently is at 5.15 percent and the 10-year G-Sec yield was trading ~6.75 percent in pre-announcement of ‘Operation Twist. This could be one of the key reasons behind the move.
The fall in g-sec yields is understandable because investors are assuming further rate cuts. However, one can still not be sure if these cuts will deliver higher investment when the broader economic environment is not yet conducive.
Why has the Indian yield curve steepened?
The expectations on a repo rate cut have been tempered with hike in cash reserve ratio (CRR), Icra said in a note.
Bankers have maintained a positive stance after the roll-out of the demonetisation scheme. Rakesh Sharma, MD & CEO of Canara Bank concurs with the optimism and says that the bank is not facing issues since the Reserve Bank of India (RBI) formed the task force to manage the chaotic situation.