Anjali Kumari
Anjali Kumari
The rupee remained one of Asia's worst-performing currencies in June amid foreign fund outflows from debt, weak equity inflows, rising oil prices and geopolitical stress
Investors demanded higher returns for 30-year green bonds, prompting RBI to reject all bids at auction; bond yields rise amid absence of greenium and market caution
Rupee falls sharply to ₹86.09 per dollar amid rising crude prices due to Israel-Iran conflict; RBI intervenes as Brent jumps 11%, FX reserves touch $697 billion
RBI holds back 14-day operation for third fortnight, despite ₹3-3.5 tn tax outflows expected, citing adequate liquidity and short-term rate stability
Bond market spooked by fears of potential VRRR auction as 5-year G-sec sees steepest 3-day spike in yields since 2022, amid uncertainty on RBI's liquidity stance
Indian Oil Corporation withdraws Rs 3,000 crore bond offer as yield crosses expected levels, despite strong demand and competitive pricing post-policy announcement
Monetary-policy easing, an abundant liquidity infusion, and a cut in the cash reserve ratio (CRR) cut by the Reserve Bank of India (RBI) in the recent monetary policy review weighed on bond yields
Government bond yields rose as traders booked profits following RBI's 50 basis point repo rate cut and change in policy stance, impacting market sentiment
With net banking system liquidity in a surplus and muted demand from lenders, RBI discontinues daily Variable Rate Repo auctions introduced in January
Following RBI's guidance and a CRR cut, dealers expect government bond yields to settle into a range between 6.12 and 6.28 per cent over the next few months
Bond yields swung sharply after RBI's 50 bps rate cut, neutral stance, and CRR changes surprised investors, marking the most volatile day in nearly three years
The cut in CRR would release primary liquidity of about Rs 2.5 lakh crore to the banking system by December 2025
The central bank's forward book saw a drop from $78 billion in February to $52.4 billion in April, with a majority of positions concentrated in the 3-12 month segment
Cash reserve ratio cut by 100 basis points to 3%, adding to already surplus liquidity
May sees Rs 20,996 crore in foreign corporate bond investments, led by SP Group's $3.35 billion issue; RBI's relaxed norms add to momentum
"This is because the system liquidity surplus is almost Rs 3 trillion and there are expectations of a deeper rate cut," said Anshul Chandak, Head of Treasury at RBL Bank
The six member monetary policy of the RBI has reduced the policy repo rate by 25 bps each in the two previous policy review meetings, in February and April
The SDF window, which came into effect from April 2022, offers 25 bps lower than the policy repo rate
The local currency settled at 85.38 per dollar, against the previous close of 85.58 per dollar. It has appreciated by 0.1 per cent against the dollar in the current financial year
RBI expected to lower inflation projection for FY26