-
RBI Governor Shaktikanta Das said the Central bank would engage in gradual, multi-year withdrawal of Rs 8.5 lakh crore excess liquidity in the system.
-
The RBI reserves the right to decide the quantum of allotment and/ or accept/ reject any or all the requests, either wholly/ partially, without assigning any reason thereof.
-
The guessing game on whether or not the RBI will cut its key policy rate is an old one. This time around -- hold your breath -- it is going to be no different. But what will give the six-member MPC, which will meet on February 7-8, a real hard time to call, are the equally compelling arguments for and against a rate cut.
-
To encourage overseas rupee bonds market, banks are being permitted to issue rupee-denominated bonds overseas (masala bonds) for their capital requirements and for financing infrastructure and affordable housing.
-
It has been decided to enhance the aggregate limit of partial credit enhancement (PCE) provided by banks, permit brokers in corporate bond repos, authorise the platform for repo in corporate bonds and encourage credit supply for large borrowers through market mechanism.
-
Reserve Bank said its offices will remain open on July 1 to facilitate public transactions
and settlement of market transactions
-
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.
-
CARE Ratings expects RBI to reverse its policy stance by lowering the repo rate in the next policy in February 2015 and start reducing the repo rate by 25 bps to begin with.
-
During Q1 of FY15, the government issued dated securities worth Rs 1.98 lakh crore, higher than Rs 1.51 lakh crore in Q1 of last fiscal.
-
ICRA expects the RBI to intervene and address tightness in systemic liquidity in the next quarter through open market operations (OMOs) as the Central Bank ruled out any further relaxation in the daily CRR requirement.
-
Given the tight liquidity situation, investors have a chance to earn higher returns on their fixed deposits with banks
-
Cash flows are under a lot of pressure which has resulted in a slight increase in gross NPA and net NPA, says OBC CMD SL Bansal. Meanwhile, the bank aims to maintain net interest margin in the range of 2.85-2.87 percent ahead.
-
Just a week ahead of its first quarter monetary policy, the central bank tweaked some borrowing measures by banks, which is likely to make money costlier by raising demand for rupee.
-
The Reserve Bank of India (RBI) on Wednesday allowed banks, a special dispensation to borrow up to Rs 25,000 crore. Lenders can lend the same to mutual fund houses, which are facing redemption pressure on their debt schemes due to sudden spurt in bond yields.
-
Morgan Stanley says with economic growth refusing to pick up, higher rates will be negative for banks. State Bank of India, Punjab National Bank, Bank of Baroda, Axis Bank, ICICI Bank and HDFC Bank fell 3-6 percent.
-
Exide Industries | CMC | Advanta India | Crompton Greaves | MphasiS | Sandur Manganese | Jet Airways | Atul Auto and Tata Motors are stocks, which are in the news today.
-
At the onset of the new financial year (2013-14), bank borrowings from RBI dropped sharply on Thursday to about Rs 52,100 crore as against a high of Rs 1.75 lakh crore recorded on March 28, FY13. The new low is also below the central bank's comfort zone for liquidity currently stood at around Rs 68,000.
-
High bank borrowings continues to exacerbate liquidity tightness in the system. Lenders net borrowed nearly Rs 1.61 lakh crore from the Reserve Bank of India's daily borrowing window on last Tuesday, the penultimate money market working day in the financial year 2012-13.
-
CARE Ratings has come out with its report on "RBI's mid-quarter monetary policy review-March 2013". According to the rating agency, with policy expressing concerns over the prevailing risks to growth which includes high food and CPI inflation; RBI is expected to be cautious in further monetary easing.
-
The government securities (G-Sec) recovered on good buying support from banks and corporates, while call rates remained higher at the overnight call money market here today on good demand from borrowing banks. The 8.33% G-Sec maturing in 2026 climbed to Rs 100.27 from Rs 100.0725 yesterday, while its yield declined 8.29% from 8.32%.
-
According to Arjun Parthasarathy, investors can invest directly into fixed income securities or invest in short term income funds in the current market. It is advisable to stick to the best credit quality given the rising levels of bad loans and restructured loans in the system.
-
In a bid to ease the huge liquidity pressure on the last day of the financial year, the RBI decided to conduct additional operations under Liquidity Adjustment Facility (LAF) on March 31, 2012 (Saturday). It will happen in between 2.30 p.m. and 3.00 p.m. The regulator normally does not carry LAF actions on any Saturday.
-
After a series of liquidity tightening measures, the Reserve Bank of India (RBI) has finally forecasted an easing liquidity situation in its mid quarter monetary policy announced earlier in the day. With the deamnd for money coming down by March-end, bankers too have endorsed the view.
-
Just a few days before the Credit Policy, the Reserve Bank of India surprised all by announcing a 75bps cut in the Cash Reserve Ratio.
-
Government bonds firmed up on fresh buying support from banks and corporates, while call rate moved down on the overnight call money market here today in view of ample liquidity available in banking system.
