RBI MONEY MARKET OPERATIONS
RBI MONEY MARKET OPERATIONS
Source: hindustantimes.com
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Non-performing assets (NPAs) | Asset quality of Indian banks improve as surge in bad loan write-offs pulls down non-performing assets
In its report on the trend and progress of banking in 2022-23, the RBI said banks wrote off bad loans worth Rs 2.17 lakh crore in 2022-23 compared with Rs 1.79 lakh crore in the previous fiscal
Source: telegraphindia.com
RBI permits lending, borrowing in government securities
As regards maturity, RBI said the minimum tenor of a GSL transaction would be one day and the maximum would be the maximum period prescribed to cover short sales.
Source: indianexpress.com
rbi update: RBI permits lending, borrowing in government securities
G-Secs issued by the central government, excluding Treasury Bills, would be eligible for lending/borrowing under a Government Security Lending (GSL) transaction.
Source: indiatimes.com
RBI remains observant but delivers merry policy heading into the New Year
The MPCs growth-inflation forecasts put forth a merry growth story for India. Indias GDP is seen to clock a 7.0% growth, 0.5% higher than October forecasts. This upward revision comes in the backdrop of improved growth prospects that the MPC sees persisting through the next one-year
Source: indiatimes.com