RBI’s OFCB window to ease banks’ funding costs amid deposit crunch
The Reserve Bank of India’s (RBI) concessional swap facility for overseas foreign currency borrowings (OFCBs) is expected to offer banks a cost-effective funding avenue, helping address ongoing deposit mobilisation challenges while supporting strong credit growth that continues to exceed deposit growth. Business Standard https://www.business-standard.com/finance/news/rbi-s-ofcb-window-to-ease-banks-funding-costs-amid-deposit-crunch-126061400499_1.html
Can foreign bond inflows strengthen the rupee and lower yields now?
Foreign bond inflows are generally considered beneficial for both currency stability and government financing. As overseas investors increase their holdings of government securities, demand for the rupee tends to strengthen, while higher demand for bonds can put downward pressure on yields, making government borrowing more cost-effective. https://www.business-standard.com/finance/news/foreign-bond-inflows-strengthen-rupee-lower-yields-126061101413_1.html
Biz growth, drop in delinquencies help micro lenders turn the corner
India’s microfinance sector recorded its first sequential portfolio expansion in seven quarters, while asset quality improved and disbursements reached a seven-quarter high. https://www.business-standard.com/finance/news/microfinance-portfolio-grows-in-q4-fy26-for-first-time-in-seven-quarters-126061201157_1.html
India exempts foreign investors from tax on bonds to shore up rupee
Central bank holds interest rates at 5.25% despite pressure on currency from foreign outflows and war https://www.ft.com/content/4a0dc7f4-33e5-4584-a60d-be701a2978ed?syn-25a6b1a6=1
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
There are market phases when one risk dominates. Then there are phases like this, when risks arrive from every direction and refuse to stand in a queue. The AI trade, which was treated as the one story strong enough to carry global equities, has started to wobble. US macro numbers are no longer giving the […]