RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:48
Indian Banks Are Set for a Profit Boost on Bank Notes Withdrawal
A key metric of profitability for Indian banks, lending margins, is set to get a boost as the
2023-05-23 16:48
RBI’s Dollar Purchases Casting a Pall Over the Indian Rupee
Dollar purchases by the Indian central bank to limit the impact of foreign inflows are helping lead to
2023-05-23 12:15
India Removing 2,000 Rupee Note May Spur Gold, Property Rush
India withdrawing its highest value currency notes from circulation may push some consumers to buy precious metals and
2023-05-22 14:49
Shorter Bonds in India Rally as RBI Cash Move to Boost Deposits
India’s shorter bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest
2023-05-22 12:47
Stubborn Cash Squeeze Risks Derailing India’s Economic Recovery
A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and
2023-05-17 12:29
India Central Bank Expected to Consider Dividend Payout Friday
The Reserve Bank of India’s board will meet on Friday, when it is expected to consider a dividend
2023-05-16 13:59
A Cash Crunch Is Pushing Up Funding Costs in India Deterring More RBI Hikes
A cash crunch driven surge in funding costs in Indian money market to a five-week high may deter
2023-05-11 15:47
Pakistan Keen to Pay for Russian Oil Imports With Chinese Yuan
Pakistan has placed an order for a single cargo of Russian oil, but is keen for a long-term
2023-05-10 11:46