The dependence on short-term commercial paper for funds is alright if it was for working capital, but the suspicion is, as in the case of IL&FS, these short-term funds are being used to fund long-term assets
2 min read10 Oct 2018RBI increased the facility to avail funds for liquidity coverage ratio to 13% from 11%, effective 1 October, according to a central bank statement
1 min read27 Sep 2018Investors are increasing betting on two more RBI rate hikes this year to shore up the weakening rupee
3 min read18 Sep 2018The rupee closed at an all time low of 72.97 a dollar, down 0.63% from its Monday's close of 72.51. The home currency opened at 72.60 per dollar
1 min read18 Sep 2018While there are multiple risks, bitcoin has also given some traders the thrill of earning returns of 1600% in the past year
4 min read7 Dec 2017The massive excess liquidity generated after demonetisation has begun to dry up thanks to some deft handling of the money market by RBI
1 min read28 Nov 2017Given the thinning cushion of liquidity, rates across the curve have only one way to goup
2 min read28 Nov 2017The composition of balanced funds in the total assets under management at 5% is at a historic high
1 min read9 May 2017RBI is unlikely to tolerate a situation where liquidity is so abundant that money market rates are lower than its policy rate
4 min read7 Apr 2017While the stance of the policy remains neutral, there is no indication of going back to an accommodative stance or a rate cut in the near future
4 min read7 Apr 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared