Author

Subrata Panda, Anjali Kumari

Articles

Banks likely to see 15-20 basis points rise in FCNR(B) deposit costs

Rise due to hedging costs on interest, not absorbed by RBI

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RBI committed to single global dollar-rupee market: RBI DG Sankar

RBI said its curbs on derivative positions are temporary, reaffirming commitment to a unified global dollar-rupee market and long-term rupee internationalisation

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RBI announces ₹3 trillion liquidity injection through OMOs and FX swaps

The Reserve Bank of India will inject nearly Rs 3 trillion through open market operations and a USD/INR buy-sell swap to offset liquidity drained by forex intervention and seasonal factors

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Bank of India raises ₹2,500 crore in tier II bonds at 7.28% cut-off

Bank of India raised Rs 2,500 crore via 10-year tier II bonds at a 7.28 per cent cut-off with a call option after five years; HUDCO raised Rs 1,905 crore via seven-year bonds at 6.98 per cent

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