
Unlike global economy, India will not slow down in 2023: RBI
RBI experts argue the economy is "intrinsically better positioned" than others, thanks to demonstrated resilience and its reliance on domestic drivers.
RBI experts argue the economy is "intrinsically better positioned" than others, thanks to demonstrated resilience and its reliance on domestic drivers.
Out of the gross market borrowing of ₹14.31 lakh crore projected for FY23, the government has decided to borrow ₹14.21 lakh crore during the year, Finmin said in a release.
The RBI will sell four dated government securities for ₹32,000 crore; the auction will be conducted using uniform price and multiple price method
The auction will be conducted using multiple price method through the RBI’s Core Banking Solution (E-Kuber) system on April 20.
Centre’s borrowing plan of ₹15 lakh crore for FY23 seen influencing MPC to pursue accommodative stance.
While the Reserve Bank of India kept policy rates and its accommodative stance unchanged, additional monetary measures have been brought in to fight the second wave of Covid-19.
At its first monetary policy review for 2021, the central bank kept key rates unchanged, while announcing several measures to manage liquidity.
Ajay Tyagi, chairman of the markets regulator, says mutual funds must remember there is a difference between ‘investing’ and ‘lending’; hints at a slew of reforms for the debt market.
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
Enhanced foreign investment limits in debt securities will be a boon for India, more so in the near term, as Covid-19 combating measures will drain government resources.