Page 8 - Anjali Kumari

Rupee, govt bond stronger after US Federal Reserve's 50 bps rate cut

The Federal Reserve began its easing cycle with a somewhat unexpected 50 basis point rate cut, implicitly acknowledging that rates may have been held too high for too long

Indices hit new highs on volatile day; Rupee, government bonds gain

While benchmark indices rallied close to 1 per cent in early trade and made new record highs, valuation concerns and a sharp selloff in the broader markets led to profit-taking

RBI to infuse Rs 25K cr via VRR as liquidity turns deficit after two months

Market participants said the banking regulator may conduct more VRR auctions to infuse liquidity if the weighted average overnight money market rates do not align with the repo rate

State Bank of India raises Rs 7,500 cr at 7.33% via Tier-2 bond issuance

SBI has raised Rs 15,000 crore through Basel III-compliant Tier-2 bonds in the current financial year to bolster its deposit growth, which has lagged behind credit growth

NBFCs throng bond mkt to fund festival credit demand as bank funding slows

Raise nearly Rs 74K cr since Aug via debt offers as bank lending slows

Rate cut hinges on inflation trajectory: RBI Governor Shaktikanta Das

Rupee strength driven by strong fundamentals, not artificial intervention: RBI guv

Liquidity may turn deficit this week due to advance tax, GST payments

The average systemic liquidity surplus in August stood at Rs 1.49 trillion, up from Rs 1.02 trillion in July. Over the past 12 months, the average liquidity surplus was Rs 0.49 trillion

Short-sellers may target banks with large CRE exposure: RBI governor Das

'We still have distance to cover,' Das says on inflation

10-year bond yield falls to 6.79% on US Fed rate-cut expectations

Yield on longest-tenure govt bond, 50-yr paper, drops below 7% for 1st time on insurers' demand

SBI may raise up to Rs 7,500 crore via 2nd tranche of Tier-II bonds

In the current financial year, the lender has raised Rs 20,000 crore through two tranches of infrastructure bonds

Have distance to cover on inflation, can't look other way: RBI Governor

Central bank in no rush to cut rates as projections say inflation is moderating, says Shaktikanta Das

FPI investment in debt rebounds in September, FAR allocations lag

The investment in FAR securities had exceeded Rs 1 trillion on October 16, 2023

NaBFID should become self-sustainable, not rely on govt: RBI dy governor

NaBFID is a development finance institution that was set up in 2021 to focus on infrastructure funding

Corporate bond issuances fall 22% in August as firms await Fed rate cut

Issuers hold back, eyeing lower borrowing costs after Fed cut

Market expects MPC to implement cumulative 50 bps rate cut by March 2025

They also foresee a continued decline in food prices, which fell to 5.1 per cent in July from 8.4 per cent in June year-on-year, further supporting expectations of a rate cut

Rupee inches closer to 84 against dollar on high greenback demand

Closes at new loan of 83.99/$

SBI focuses on JanDhan, trusts, societies to mobilise incremental deposits

SBI is using wealth banking to focus on a segment which is below affluent class but above the normal account holders

Room for rate adjustments if food inflation decreases: Viral Acharya

Acharya explains why food inflation should not be excluded from the inflation targeting framework

Rupee at closing low; RBI intervention prevent from touching 84 per dollar

The local currency settled at 83.97 per dollar on Tuesday, almost flat compared to the previous close. The previous record low of 83.97 was hit on August 13 of the current year

Banking system liquidity improves to 1-month high on back of govt spending

"Government spending is the reason for the rise in liquidity. It might improve further but there will be some action by the RBI to manage liquidity," said Indranil Pan, chief economist, YES Bank