The FinTech Hub
Source: Live Mint The Reserve Bank of India’s (RBI) decision to reduce the cash reserve ratio (CRR) in its bi-monthly monetary policy marks an important first step in its policy easing cycle. While narrowly seen as a liquidity measure, injecting close to ₹1.16 trillion in primary liquidity, the CRR cut carries broader implications. Unlike open…
Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
Source: Live Mint The European Securities and Markets Authority (ESMA) and the Reserve Bank of India (RBI) have been engaged in talks for some time now, working to find a way to break the logjam. “The talks between the EU and India to find a solution has been going on both at the government-to-government level…
Source: Live Mint The Government of India has announced the buyback of its securities through auction for an aggregate amount of ₹25,000 crore (face value), announced Reserve Bank of India (RBI) on Friday. The G-securities with coupon rate of 7.72 percent will mature on May 25 next year. The securities with coupon rate of 5.22…
Source: Live Mint The markets regulator will let stockbrokers deal in government securities by accessing the negotiated dealing system-ordering matching (NDS-OM) introduced by the Reserve Bank of India (RBI) in 2005. NDS-OM is a screen-based electronic anonymous order matching system for secondary market trading in G-Secs owned by RBI. It was exclusively designed for G-Secs…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 7:36 PM IST The Securities and Exchange Board of India (Sebi) is considering steps to promote retail participation in government securities (G-Secs) through stock brokers. In a consultation paper floated on Friday, the market regulator proposed allowing registered stock brokers…
Source: Live Mint Are you interested in buying government securities and bonds? If yes, you can buy them on RBI Direct Retail app or portal. For the unversed, RBI direct retail scheme was launched in Nov 2021, which enables investment in government securities by individual investors. Under this scheme, investors can open a Gilt Securities Account —…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24774110/STK156_Instagram_threads_1.jpg?w=400&resize=400,250&ssl=1 "Mark Zuckerberg says Threads has more than 100 million daily active users")