Foreign banks are now rushing to fund Non Resident Indians who can invest the money into Indian dollar deposits under the FCNR scheme. The RBI has reduced the ...
The borrowing in the Marginal Standing Facility (MSF) went to a record Rs. 1.4 trillion (1.4 lakh crores) for the weekend, on the cash crunch due to the income ...
India’s foreign exchange reserves have been through wild rides recently. But if you look at the reserves since 2001, here’s where we went. There are three ...
After crossing 12% in yield just two weeks ago, the 91 day T-Bill auction has cooled down to a 10.6% yield in the auction yesterday. T-Bills are short term ...
A great question for Prashanth: How does this chart from Ritholtz look like for India? So I decided to plot the Nifty, the 10 year bond yield (month end values ...
The entry of Dr. Raghuram Rajan has taken the Nifty up 7%, and the bank nifty up over 12% from its lows. The Nifty is now touching the 50 day moving average. ...
In what is definitely a temporary move, the RBI has cut the issuance of government bonds this Friday to just 10,000 cr. , down from the 15,000 cr. that was ...
In the light of the liquidity squeeze that RBI has been doing, the impact seems to be hitting the market now. After three days of hectic auctions (22,000 cr, ...
Things are happening very fast. The 10-year bond has now moved very quickly back up to nearly 9%. And the dollar is now 67.4, the worst it has ever ...
