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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: Business Standard Last month, Reserve Bank Deputy Governor Swaminathan J had asked SFBs to be vigilant and ensure that risks are mitigated in time. (Source: File Photo) 2 min read Last Updated : Oct 11 2024 | 4:52 PM IST The profitability of small finance banks, measured in terms of return of assets…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 7:42 PM IST By Malavika Kaur Makol and Ronojoy Mazumdar India’s $1.3 trillion bond market is facing a peculiar issue: investors can’t get enough of sovereign bonds as the government buys back debt and cuts borrowings, resulting in a supply…
Source: Business Standard India’s retail inflation in September likely overshot the Reserve Bank of India’s (RBI) 4 per cent medium-term target. 3 min read Last Updated : Oct 10 2024 | 9:18 AM IST India’s retail inflation in September likely overshot the Reserve Bank of India’s (RBI) 4 per cent medium-term target for the…
Source: Business Standard 5 min read Last Updated : Oct 09 2024 | 1:35 PM IST RBI meeting today: The Reserve Bank of India’s (RBI) today, October 9, in its policy decision kept the repo rate unchanged at 6.5 per cent but changed its stance to ‘Neutral’ from ‘Accommodative’ which is largely assumed as…
Source: Business Standard RBI Governor Shaktikanta Das STATED THAT MPC remains focused on bringing headline inflation down to 4 per cent (Photo: Shutterstock) 3 min read Last Updated : Oct 09 2024 | 1:14 PM IST The Reserve Bank of India (RBI) on Wednesday unanimously decided to change the monetary policy stance to neutral while…
Source: Business Standard Reserve Bank of India eased its hawkish stance. (Photo: Reuters) 4 min read Last Updated : Oct 09 2024 | 2:08 PM IST By Malavika Kaur Makol, Subhadip Sircar and Ronojoy Mazumdar It looks like there’s no stopping the rally in India’s bonds, already the best performers in Asia this…
Source: Business Standard RBI, Reserve Bank of India(Photo: Reuters) 3 min read Last Updated : Oct 09 2024 | 11:56 AM IST As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5 per cent on Wednesday (October 9), governor Shaktikanta Das announced that the…
Source: Business Standard 2 min read Last Updated : Oct 09 2024 | 8:12 PM IST The Reserve Bank of India (RBI) on Wednesday said that banks and non-banking financial companies (NBFCs) cannot levy foreclosure charges or pre-payment penalties on floating rate term loans sanctioned to Micro and Small Enterprises (MSEs). A draft…
Source: Live Mint If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks. Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of…
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