This is because while HTM stock can't be sold in OMOs, that may not be the case with G-SAP: Experts
Money managers say investors to look at medium-duration bonds
What really became the centerpiece of the policy outcome was the announcement of the secondary market G-sec acquisition programme which the bond market needed the most
Stating that "growth is of paramount importance now", the Reserve Bank Governor Das said it will do whatever it takes to sustain the fledgling recovery
Among other things, the policy provides much needed visibility on central bank's balance sheet support for the bond market
Gaps in recovery have been surfacing after the resurgence in new cases due to Covid-19 second wave, but the moderation in the pick-up seems to have begun well before.
RBI Monetary policy: RBI today decided to keep rates unchanged today amid rising inflation, lockdowns and Covid surge. Stay tuned for all the LIVE updates
Indian shares inched higher on Wednesday, ahead of a RBI decision that could leave interest rates at record lows, as a surge in coronavirus cases sparked fears about the impact on economic growth
At the center is the RBI's decision in February to remove limits on local bank exposures to other countries and central banks
Banks await Centre's direction even as customers flock branches
Kanungo was in charge of currency management, IT, payments, forex, legal, other departments
The disconcertingly sharp new wave of Covid-19 cases has reignited uncertainty regarding the economic outlook in the immediate term
RBI Governor Shaktikanta Das headed six-member MPC is scheduled to meet from April 5 to 7. The policy meet outcome will be announced on April 7
Against expectations of getting a second extension, the senior-most deputy governor BP Kanungo retired from the Reserve Bank on completion of his one-year extension on Friday. Kanungo joined the RBI in 1982 and was in charge of currency management, external investments, operations, payment, and settlement system, among others, during the four-year term as the deputy governor, which began in April 2017. The government had appointed him as a deputy governor in March 2017 when Urjit Patel was the governor and he took charge on April 3, 2017, for a three-year term ending April 2, 2020, but was given a one-year extension. There was an expectation that he might a second extension after the government had cancelled interviews for the post of the deputy governor, scheduled for March 10. As deputy governor, Kanungo headed the departments of currency management, external investments & operations, government & bank accounts, information technology, payments & settlement systems, ...
NCLT had passed an order preventing regulatory authorities from taking any coercive steps against the company
Exports of foreign subsidiaries in India accounted for 32.6 per cent of their total sales in 2019-20, according to RBI
He has been appointed as the Additional Director with effect from March 31 for a five-year period
The new norms were supposed to kick in from April 1 but neither banks nor the other stakeholders in the ecosystem had readied their system
Last month, RBI extended the deadline to apply for licence at the behest of IBA
In the current fiscal, the current account had been in surplus in the previous two quarters, at USD 15.1 billion and USD 19 billion, respectively, as per the data