Coronavirus Outbreak: Curtailed trading hours for debt, currency markets will remain in force till 30 April, RBI says
The limited trading hours of debt as well as currency market will remain in force till 30 April amid extension of the countrywide lockdown, the RBI said on Thursday
RBI buys Rs 10,000 cr of long-term securities, sells Rs 2,950 cr of short-term govt bonds in fourth special OMO
In the fourth special open market operation (OMO) auctions, the Reserve Bank of India on Thursday bought Rs 10,000 crore worth of long-term securities and sold Rs 2,950 crore worth of short-term government bonds
Budget 2020: FinMin likely to push for Rs 25,000-Rs 30,000 cr interim dividend from RBI; to help fiscal deficit slippages
In the past RBI has paid a total Rs 38,000 crore as an interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18)
RBI announces special OMO of Rs 10,000 cr on 6 January; may accept or reject offers without explanations
The Reserve Bank of India (RBI) on Monday will carry a special simultaneous open market operation to buy and sell government bonds of Rs 10,000 crore each.
Over the past four trading sessions, however, bonds have given up some of those gains with the 10-year yield up 31 bps
Union Budget 2019: Capital markets provide platform for investors and businesses to fulfil their financial needs
Capital market can also be divided in terms of the instruments being traded: Stock market or Bond market.
The Reserve Bank of India said on Thursday said it will infuse Rs 12,500 crore into the financial system through bond purchases on 20 June
The Reserve Bank of India said on Tuesday it will infuse Rs 15,000 crore into the financial system through bond purchases on Thursday
RBI announces Rs 25,000 cr liquidity injection in May through OMOs, to be carried out in two tranches
The RBI has been using OMOs through the prolonged period of weak liquidity starting FY19 itself
As per the calender issued previously, the last tranche for borrowing through government bonds was to complete in the week ending 8 March, 2019.
The 10-year benchmark bond yield fell to as low as 7.38 percent, its lowest since April 11 and compared with its previous close of 7.44 percent.
RBI to infuse liquidity into the market by purchase of government bonds worth Rs 12,000 cr on Thursday
This is part of the RBI's liquidity infusion of a total of Rs 36,000 crore this month, to be held in three phases, through purchase of government bonds in order to meet the festival season demand for funds.
The auction to purchase government bonds is a part of the Open Market Operations (OMO) to manage liquidity in the system which seems to be facing liquidity tightness
The yields on government bonds have surged by more than 100 basis points (100 basis points is equal to 1 percent) since August 2017.
On 27 December, the government had stated that it would raise additional market borrowing of Rs 50,000 crore
The alternative is to have central govt breach fiscal deficit target and borrow more from the market, which is being done now
As many as 11 companies including Reliance Industries and India's top three telecom operators were in 2015 permitted by the Reserve Bank of India (RBI) to set up payments banks which can take deposits and remittances but cannot lend.
The Finance Ministry has been following the cost reduction approach in the process spurning and undermining the more demanding income-enhancement approach.
It reinforces the depressing view that the Modi government is unsympathetic to the concerns of the small man though the BJP has been winning successive state elections thanks to his unstinted support