In the days following the RBI hike in rates, we are seeing interesting movements in the fixed income markets. Repo Bids Rise Substantially, But No MSF Repo is ...
The day has seen some insanity in the money markets. After RBI’s epic raising of marginal rates and curtailing of liquidity, banks have realised that the new ...
How much does yesterday’s sudden late night liquidity squeeze impact the markets? Let’s take a look at overnight repo borrowing from the RBI, and the 1% of ...
At 10PM, way past RBI’s bedtime, there shows up an innocuous press release from the RBI. It has effectively slashed liquidity with (nearly) immediate effect, ...
Twenty six applicants have come forward for setting up banks in India, says the RBI. The exhaustive list: Aditya Birla Nuvo Ltd., Mumbai. Bajaj Finserv Ltd., ...
This is an archive for an article I wrote for Pragati, Feb 2013. Opening a bank account, investing in a mutual fund, opening a brokerage account or buying ...
The RBI is buying bonds yet again! In an effort to push even more money down our gullets – despite having expanded their balance sheet at an average of 16% ...
In the 2013-14 Macroeconomic Policy the RBI has decided to cut rates by 25 basis points (0.25%), bring the repo rate down to 7.25% and reverse repo to 6.25%. ...
It’s finally here. RBI has announced guidelines for new private sector banks. Phew. The first paragraph says why I’m thankful: Over the last two decades, ...
(Written for Pragati, December 2012) The Reserve Bank of India has been a regulator of acclaim, and as regulators all over the world have become more ...