Business 80% of RBI’s forex assets deployed in overseas sovereign bonds and securities Nick J Adam May 9, 2023 The Reserve Bank deployed its incremental reserves pile-up during the second half of fiscal FY'2022-23 in bonds and… Read More...
Business In the run-up to merger: RBI relief for HDFC Bank on PSL norms Nick J Adam Apr 21, 2023 The Reserve Bank of India (RBI) has given HDFC Bank three years to comply with the priority sector lending norms… Read More...
Business Govt extends RBI Deputy Governor Michael Patra’s tenure by one year Nick J Adam Jan 10, 2023 … Read More...
Business India’s current account deficit rises to 4.4 pc of GDP in Q2: RBI data Nick J Adam Dec 31, 2022 India's current account deficit widened to 4.4 per cent of the GDP in the quarter that ended September, from 2.2 per… Read More...
Business Not time to add to asset allocation despite market bounceback: Anand Tandon Nick J Adam Oct 2, 2022 “For equity allocation, rate sensitives, especially banks, would do reasonably well and they should outperform many of… Read More...
Business System ready for tokenisation as 35 crore cards tokenised: Reserve Bank of India Nick J Adam Oct 1, 2022 There are a few laggards in the system who have not complied with the mandate because of their unwillingness, Deputy… Read More...
Business Sebi mulls farmework for market making to deepen bond markets Nick J Adam Sep 14, 2022 With over 98 per cent of corporate bonds being private placements, leading to a shallow secondary market, Sebi is… Read More...
Business Gold imports up 6.4% to $12.9 billion in April-July this fiscal Nick J Adam Aug 19, 2022 In July 2022, however, imports of the precious metal fell sharply by 43.6% to $2.4 billion, as per the latest data… Read More...
Business Rupee rises 17 paise to close at 79.23 against U.S. dollar Nick J Adam Aug 5, 2022 The rupee appreciated by 17 paise to close at 79.23 (provisional) against the U.S. dollar on Friday after the Reserve… Read More...
Business FPIs’ exodus continues; pull out Rs 46,000 crore from Indian equities in June so far Nick J Adam Jun 27, 2022 The net outflow by foreign portfolio investors from equities reached Rs 2.13 lakh crore unitll now in 2022, data with… Read More...