Page 10 - Anup Roy

Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes

Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too

Climate report praises India for initiatives taken in clean energy field

Green loans were the second most popular at $109 billion

Day after monetary policy: RBI's G-SAP programme drives down yields

This is because while HTM stock can't be sold in OMOs, that may not be the case with G-SAP: Experts

RBI commits to OMO calendar, leaves key policy rates and stance unchanged

Despite the surge in Covid-19 infections, the growth target also remained unchanged at 10.5 per cent for the fiscal, but inflation was tweaked upwards slightly

Losing currency: Rupee sinks as monetary policy triggers carry unwinding

The rupee closed at 74.56 to a dollar - the lowest since November 13, 2020. The intraday fall is the steepest since the August 2019 levels

Bond market upbeat with RBI on back foot as Covid-19 infections surge

Status quo on rates likely to be maintained for some time

Monetary policy pause likely for entire year as Covid cases rise: BS poll

The policy, being the first in the fiscal year, could have many important policy measures spelled out

Like telcos, banks may soon pester customers daily to pay up via messages

Working on an RBI mandate to automate its NPA alert system real-time, instead of manually gauging NPA status at the end of the month, Chennai-based Indian Bank sent a message to its surprised customer

FY21: Momentous year for bonds, rupee and forex reserves amid the pandemic

Supply outpaced demand for fixed-income paper with Centre's Rs 12 trn borrowing plan and Rs 10 trn by states. But RBI support ensured it didn't pinch hard till the end of the year

Data breach allegations: MobiKwik forensic audit gets moving on RBI order

Payments firm says working closely with requisite authorities to conduct independent audit

Govt keeps inflation target at 2-6% for 5 years: DEA secretary Tarun Bajaj

Economists welcome decision, but argue for a higher upper limit

Govt to borrow Rs 7.24 trn, or 60% of planned amount, till September

Borrowing will be done across yield curve ranging from two-year bonds to 40 years, and including floating rate bonds (FRB)

Leading private banks to cancel auto-debit payments from April 1

RBI to fine Rs 5 lakh per instance of lapse. Given that millions of bank customers use the auto-debit facility, banks were staring at hundreds of crores in fines

FTSE puts India, Saudi on watchlist for inclusion in its bond index

FTSE Russell's semi-annual country classification review said market accessibility level of Indian and Saudi bonds will be considered for reclassification to 1 from 0

Data safe, security robust, but will do forensic audit, says MobiKwik

RBI likely to initiate independent probe

Former RBI Deputy Governor K C Chakrabarty passes away in Mumbai

Chakrabarty was the deputy governor of the central bank between June 15, 2009 and April 25, 2014 when he left office three months before to his term ended

DFI goes back to the future: Will changes boost infra funding in India?

The Bill suggests that the government has learned from past mistake

Second Covid wave unlikely to derail India's growth: RBI Governor

There should be an orderly evolution of the yields, says Shaktikanta Das

Banking on crisis management: Meet Gopinath, head of SEAC on bank licences

Ever-smiling, consciously low profile, and unfailingly polite, it is easy to mistake her for a family matriarch rather than a doyenne of high finance in India

India to become third-largest economy in a decade: BofA Securities

The demographic dividend, growing financial maturity, and the emergence of mass markets work in favour of India, say BofA economists