These are the collection of important news items from the RBI website. All these can be very useful for this years exam. We have covered since January 2019. Although, there are multiple updates on RBI website everyday, we have selected some important notifications and provided for revision. We have not tinkered with the language of …
Collection of Most Important News from RBI Website – Jan-Sep, 2019 Read More »
Syllabus part- Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments. It refers to the investment from residents, investors or corporation of other countries into India. Foreign capital can help fill the gaps between domestic savings and investment requirements. Government of India classifies the investments made by the foreign bodies based …
India Foreign Exchange Market is a decentralised multiple dealership market having two major segments: the Spot and Forward market the Exchange traded Derivatives market Players in the Forex Exchange market use different instruments and look for different maturities in the market. Some of the instruments in the exchange market are cash, tom, spot, forward, futures, …
Players in forex market The major players in India’s Forex market are: Reserve Bank of India Authorised Dealers/Banks Foreign exchange brokers who act as intermediaries Customers who may be individuals, Corporates who need foreign exchange. Authorised Dealers RBI delegates power to entities to deal with foreign exchange and foreign securities. Section 2(c) of Foreign Exchange Management …
Foreign exchange market in India is regulated by RBI. It is also responsible for maintenance of forex reserves in the country. Along with RBI some voluntary organisations such as FEDAI also regulate the forex market. The foreign exchange market in India operates from seven major centres, viz., Calcutta. Delhi, Chennai, Mumbai, Bangalore, Kochi and Ahmedabad, …
Foreign exchange market is a platform for trading currencies. It is different from financial market where the currencies are lent and borrowed. On such platforms, currencies are traded as goods for meeting various purposes. This market determines the exchange rate for global currencies. Historical Development of Forex Market in India The development of Indian Forex …
Business Line Finance is fundamental to the fabric of the domestic economy and its businesses, though for much of the time in India it has been swaying to the global trends. Indian finance transitioned from excessive state ownership and control with a plain vanilla system (version 1.0) to the state taking a step back to …
Livemint The Reserve Bank of India (RBI) on 29 May amended its master direction on KYC norms to enable the use of Aadhaar for account opening with entities regulated by it, with the consent of the Aadhaar number holder. This will enable banks to open instant bank accounts using eKYC based on Aadhaar authentication through …
Is RBI nod for e-KYC a step towards its total revival? Read More »
Buyback of Securities Repurchase or buyback of G-Secs is a process whereby the Government of India and State Governments buyback their existing securities, by redeeming them prematurely, from the holders. The objectives of buyback can be reduction of cost (by buying back high coupon securities), reduction in the number of outstanding securities and improving liquidity …
Terminology related to Bond market – Buyback, Short sale, When Issued, DvP Read More »
Relationship between yield and price of a bond. If market interest rate levels rise, the price of a bond falls. Conversely, if interest rates or market yields decline, the price of the bond rises. In other words, the yield of a bond is inversely related to its price. The relationship between yield to maturity and …
