RBI using forex market tools to ease liquidity tightness
The Reserve Bank of India (RBI) is using forex market tools to inject cash into the banking system, which is soon set to witness large outflows on account of advance …
Reserve Bank of India (RBI)
FPI buying of debt via voluntary retention route gathers pace
Mumbai: Overseas debt purchases via the voluntary long-term investment route have accelerated sharply, with foreign holdings so far in May marking their highest monthly level in two years and this …
Religare Enterprises: Religare moves HC over Sebi ‘inaction’
Mumbai: Religare Enterprises has moved the Delhi High Court against the Securities and Exchange Board of India (Sebi) for its alleged inaction on the complaints made against the Burman family, …
NBFCs: RBI’s Swaminathan cautions NBFCs on poor data, unsecured loans
Mumbai: Non-banking finance companies’ (NBFCs) adoption of technology is fuelling growth, but reliance on algorithms built on poor data, over-reliance on unsecured loans and unsustainable loan limits are leading to …
Bond buyback: Bond buyback: Govt proposes, market disposes, over price
Mumbai: A pricing contest is playing out between the Reserve Bank of India (RBI) and sovereign bond traders as the central bank tries to deftly manage the government’s borrowing cost, …
Household savings decline due to rising home, auto, personal loans
Household savings are estimated to have declined for the third year in a row in FY24 as liabilities on account of interest towards housing and vehicle loans have continued to …
e-rupee: Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta Das
Governor Shaktikanta Das on Monday said that permanent deletion of transactions can make the e-rupee or central bank digital currency (CBDC) become anonymous and make it at par with paper …
RBI action Kotak bank: Kotak Bank deposit growth may be hit, shares fall 11%
Mumbai: Kotak Mahindra Bank, India’s third-biggest private lender by market value, may see a moderation in deposit growth and a marginal drop in the share of low-cost deposits in FY25 …
RBI: Monetary policy must remain in risk-minimisation mode: RBI Bulletin
Mumbai: A recent reduction in cooking gas prices is likely to exert a softening effect on inflation that’s also being aided by declining non-food prices, but monetary policy must remain …
World Bank mulling local currency lending in countries like India: Official
The World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday. “How do we do local currency …