Rate sensitives' like auto, financials and real-estate shares logged smart gains in trade on Wednesday
We foresee hikes of 25 bps each in the repo and reverse repo rates each in the April 2022 and June 2022 reviews
RBI Monetary policy LIVE updates: RBI announcement comes amid the threat surrounding Omicron coronavirus variant. Stay tuned for all the LIVE updates
Variable rate reverse repo auction seems to be the central bank's mode to fine tune excess liquidity.
RBI said banks will be allowed to infuse capital in their overseas branches as well as repatriate profits without seeking its prior approval
Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.
Latest cases are a 37-year-old South Africa returnee man & his 36-year-old US returnee friend
The broader markets also weakened towards the end of the trade, and the BSE Midcap and Smallcap indices ended with a loss of 1.4 per cent each
Bond market participants are factoring in a reverse repo hike
Companies is India have been seeing a pressure on their margins as supply side constraints and global commodity prices increase input costs.
The move also signals the government's endorsement of the policies pursued by the central bank
The five-year onshore overnight indexed swap, a tool to trade rate expectations, has advanced 31 basis points in October
Goswami says case for normalisation of monetary conditions is starting to pick up pace, and next step will be to narrow the policy rate corridor closer to pre-pandemic level
India is witnessing a very robust economic recovery, but there is still unevenness across sectors, RBI Governor Shaktikanta Das said
The RBI's monetary policy report has pegged GDP growth at 7.8% for FY23, assuming normal monsoon and full Covid vaccination. Let's take a look at the 10 most important takeaways from the report
Higher liquidity is not helping the real economy
Of this, the unconventional liquidity measures amount to approx. Rs 9.1 trillion, implying the residual Rs 8.1 trillion is mostly conventional liquidity injection
The RBI stopped the Government Securities Acquisition Programme (G-SAP), through which it has infused Rs 2.2 trillion of liquidity in the system
'We have flagged the issue of fuel (taxes). Now, it is for the government to make a decision'
Rate-sensitive banking and realty indices ended in the red, but auto closed with gains