Anjali Kumari
Anjali Kumari
RBI intervenes to cut volatility
Slowdown in unsecured loan growth due to rising risk rates: SBI chief
Currently, US bond yields have shown some volatility, with the yield moving from 4.3 per cent to 4.4 per cent. This is despite favourable data, such as the recent jobless claims
Market participants said the Reserve Bank of India (RBI) intervened in the foreign exchange market via dollar sales to protect the rupee from further depreciation
Banks bat for collateralised benchmark with a balanced 50-50 weighting between TREPS and CHROMs
The next Samvat for the Indian bond market is projected to be a period of relative calm, marked by limited fluctuations in yields and a cautious policy stance from the RBI
Globally, the US dollar has been strengthening with rising odds of a Trump victory. Trump's stance on tariffs and higher borrowing has pushed US yields up, driving capital outflows from other markets
In the last five years, RBI gold reserves have increased from 618 metric tonnes to 854 metric tonnes
The capital adequacy ratio (CRAR) of the bank, computed as per Basel III guidelines, stood at 15.20 per cent at the end of the quarter
The move comes as the interest rate cycle is set to soften, with insurers offering more guaranteed-return products
RBI Governor Das gets the A+ grade for second consecutive year; key areas, including inflation control and economic growth targets, evaluated
FPI investment in FAR securities had doubled, surpassing the Rs. 2 trillion mark within nine months of announcement of JP Morgan including Indian debt in its index
State-owned insurer's entry expected to increase demand for instruments typically used to lock interest rates for a future date
Both the bond issues have been rated "AAA" by domestic rating agencies.
The bank's net interest income (NII) rose by 5 per cent Y-o-Y to Rs 5,347 crore, while the net interest margin (NIM) moderated to 4.08 per cent, down from 4.29 per cent last year
The issuance was tightly priced, said market participants
Headline inflation likely to remain on track throughout 2025-26
After Mumbai, the bank is planning to open such centres in some other key markets in India to address the requirements of global Indians
Market participants said timely intervention by RBI through dollar sales helped avoid further depreciation of the local currency
The central bank had recorded a net purchase of $6.93 billion in the spot market in July