Page 7 - Anup Roy

Reserve Bank of India focuses on the 10-year bonds in G-SAP again

The RBI mopped up a record Rs 26,779 cr of the 10-year bond in pre-announced secondary market operation

RBI 'cautiously optimistic' about economic recovery after Covid second wave

Second Covid wave shaved off Rs 2 trn from FY22 output, says central bank in 'State of the Economy' report in its June bulletin

RBI will have to look through high inflation for growth, say economists

While the inflation numbers are much above RBI's tolerance band, the central bank would rather hope an urgent reduction of taxes by the govt brings down prices in the interim

RBI proposes to lift interest rate cap on microfinance institutions

Proposes debt-income cap; common rules for all micro-loan lenders

Centre borrows less than planned amid second wave of Covid-19 pandemic

Compared with last year, though, the borrowing has been higher

At $605 bn, India ties with Russia as fourth largest forex reserves holder

It took just about a year for reserves to rise by $100 billion, which has generally been the pace of accumulation since Shaktikanta Das became RBI governor in November 2017

RBI's 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on Jun 17

The RBI will be buying bonds of 20 states in the G-SAP, which will be held on June 17.

Fintech firms expect business as usual by July, says FACE survey

These 20 firms combined serve 6.5-million-plus customers, of which 46 per cent are 'new to credit' customers.

10-year bond is no longer the rate signal for the economy, say experts

Most of the 10-year security is now with the RBI, and a segment of the bond market says the central bank must increase the liquidity of this segment

Monetary policy: RBI keeps rates unchanged, cuts growth forecast

Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2

Monetary policy: RBI to buy Rs 1.2 trillion in G-SAP for Sept quarter

The move impacted the sentiment a little bit and the 10-year bond yields rose 3 basis points from their previous close of 5.99 per cent

Consumer confidence falls to an all-time low, shows RBI survey

The survey was conducted through interviews on the phone from April 29 to May 10 in 13 major cities

RBI monetary policy: Bond market expects minimum Rs 1 trn of G-SAP in Q2

Expects minimum Rs 1 trn of G-SAP in 2nd quarter, sees it rising to Rs 1.25 trn to keep yields soft

Second Covid wave threatens India's long-term credit rating, warns Moody's

The financial sector could become the main driver of potential risk to the sovereign

Banks shouldn't cite April 2018 circular for denying crypto services: RBI

Banks, however, must run a checklist of local laws before providing such services, says central bank

RBI's status quo policy may revolve around Covid-19 pandemic measures

RBI's forecast for growth is 10.5% for the current fiscal year. Most analysts expect the RBI to lower it in the June 4 monetary policy announcement

Rupee climbing fast to the dollar, 10-year bond yields back to 6%

RBI is trying to maintain a tight leash on the 10-year bond rates, and once again devolved them in Friday's auction

RBI says economic cost of second Covid-19 wave may be limited to Q1

Government must now step up expenditure to boost demand for private investment and consumption, said RBI

RBI's forex gains enabled it to give Rs 1-trillion dividend to govt

An accounting change enabled the central bank to book gains from the sale of foreign currency against the historical weighted-average holding cost.

CII protests RBI rules on auditors, says will cause 'enormous difficulties'

The central bank has asked most banks and NBFCs to immediately appoint new auditors.