Foreign investors increased their exposure to Indian government bonds in October by the most of any month so far this financial year, the latest data showed on Monday. Investors net purchased Indian government bonds under the Fully Accessible Route category worth 134 billion rupees ($1.5 billion) last month, the highest monthly inflow since March, according … Read more
Mumbai: Yields on the benchmark 10-year sovereign bond eased nearly seven basis points on Friday to 6.531% as the Reserve Bank of India (RBI) cancelled the 7-year bond auction scheduled for a notified amount of ₹11,000 crore. The RBI cancelled the auction as yields bid by auction participants were likely higher than the central bank’s … Read more
Mumbai: Private sector lender Axis Bank on Wednesday reported a 26% fall in its September-quarter net profit to ₹5,090 crore due to a one-time standard asset provision impact. A poll of analysts by Bloomberg had estimated a net profit at ₹5,838 crore. The lender had reported a net profit of ₹6,918 crore in the year-ago … Read more
In the latest discussion on monetary policy and market trends, Churchil Bhatt, Executive Vice President – Investment at Kotak Mahindra Life Insurance Company Ltd, shared his perspective on the outlook for fixed income assets. Highlighting the limited room for further policy easing by the Reserve Bank of India (RBI), Bhatt noted that despite these constraints, … Read more
When I wrote this column “Outdated Risk, Renewed Opportunities: A Case for Acquisition Financing” on May 30th, I wasn’t sure whether the Reserve Bank of India (RBI) was paying attention. Soon after, our friend Raghu Mohan, a veteran journalist, also wrote a detailed piece on the same topic in Business Standard. It turns out the … Read more
New Delhi: Finance minister Nirmala Sitharaman Friday said India’s economic growth is firmly anchored in robust domestic consumption that blunts the impact of external shocks, and that its evident resilience in the face of global turmoil is “neither accidental nor transient”. “The Indian economy is resilient and continues to grow sustainably,” she said, adfdressing the … Read more
Indian government bond yields are expected to trade around the previous session’s levels on Tuesday, with the 10-year benchmark bond yield sticking close to the 6.60% mark, as traders brace for heavy supply from state governments. The benchmark 10-year bond yield is expected to trade in the 6.55%-6.61% range till the debt auction, after ending … Read more
“Given the rising inflation—and adding to that, the immediate concerns around tariffs and their potential impact on the economy—the RBI is adopting a cautious approach. While supporting growth is important and credit growth is not yet at the robust level we would like to see, the RBI has chosen to be cautious. That’s because inflation … Read more
The Indian rupee strengthened marginally to 87.53 a dollar Friday on likely intervention from the Reserve Bank of India (RBI), capping off a rough and tumultuous week punctuated with unexpectedly punitive tariffs on US-bound shipments from the country. Traders said sustained portfolio outflows and a significantly higher baseline tariff than anticipated earlier led to substantial … Read more
Despite a cumulative 100 basis points of rate cuts by the Reserve Bank of India between February and June 2025, Indian government bond yields have remained surprisingly stable. According to Rajkumar Subramanian, Head – Product & Family Office at PL Wealth, the benchmark 10-year G-Sec yield has stayed range-bound between 6.25% and 6.45% from April … Read more