The Reserve Bank of India's currency intervention is making the rupee less attractive for carry traders, analysts said.
In a Q&A, she says the interest differential with US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market
Banks face pressure to raise deposits; weighted average call rate highest in 3 years
'Net LAF continues to be in surplus for the past two years, except for 2-3 days when because of SLF for the primary dealers it became deficit'
The fall in the liquidity surplus is owing to multiple factors, including the RBI's interventions in the forex market and a sharp pick-up in bank credit growth, which is currently at nine-year highs
Loan, deposit growth gap at 10-year high
Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023
Days of easy money over as credit growth rises
RBI asked for mkt views on BoP, impact of 75-bps rate hike by US Fed
Spread between 10-yr G-sec and 2-yr bond yields narrows to 38-mth low
If any claim is not filed during the liquidation process, the amount of claim collated during CIRP should be verified by the liquidator
The RBI's average daily absorption of excess liquidity was at Rs 3.8 trillion during June-July against Rs 5.5 trillion in May and Rs 7.4 trillion a month ago
Interest rates on term deposits, money market instruments could go up further, even as RBI may conduct repo operations to maintain liquidity in the system
RBI's forex moves, strong credit off-take lead to faster liquidity decline
China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened
The drop in banking system liquidity and the concurrent rise in demand for credit may result into tightening of credit in the financial system, a report said on Wednesday
ANI Technologies Pte Ltd is scaling back its growth aspirations in loss-making segments to reduce capital requirements
There is fear that entities may be asked to reverse ITC or pay back refunds, experts say
Expects rupee to trade in the range of 78-80 per US dollar in the near term because of still relatively weak BoP fundamentals
Anil Agarwal-controlled unit looks to raise $700 mn from Indian lenders