RBI और सरकार के बीच मीटिंग सकारात्मक, एमएसएमई के लोन की रीस्ट्रक्चरिंग और इकोनॉमिक कैपिटल फ्रेमवर्क पर निर्णय

कल RBI और सरकार के बीच मीटिंग सकारात्मक दिखी । 9 घंटे चली इस मीटिंग में एमएसएमई के लिए कर्ज की रिस्ट्रक्चरिंग, पीसीए वाले बैंकों के लिए राहत और आरबीआई के रिजर्व पर चर्चा हुई। इस बैठक में बासेल के तहत पूंजी, पीसीए के तहत बैंकों की हालत, पीसीए में शामिल बैंकों और आरबीआई के इकोनॉमिक कैपिटल फ्रेमवर्क पर भी चर्चा हुई।  
इस मीटिंग में एमएसएमई के लोन की रीस्ट्रक्चरिंग का सुझाव देनें के साथ ही इकोनॉमिक कैपिटल फ्रेमवर्क पर कमिटी बनाने का निर्णय लिया गया।इस कमेटी के सदस्यों का चुनाव आरबीआई और सरकार करेगी। इस बैठक में बोर्ड ने सीआरएआर 9 फीसदी पर बरकरार रखने और सीसीबी यानि कैपिटल कंजर्वेशन बफर को मार्च 2020 तक बढ़ाने पर भी सहमति बनी।

RBI keeps key policy rate unchanged at 6%

The Reserve Bank of India (RBI) monetary policy committee (MPC) on Wednesday kept the repo rate unchanged at its 5th bimonthly MPC meeting, given the warning over rising inflation.

The result was along the lines of the majority of market expectation, which anticipated the RBI to keep the key repo rate (the rate at which it infuses liquidity in the banking system) unchanged at 6 percent.

In the preceding meeting in October, the RBI had maintained status quo on rates. Since then, inflation based on the consumer price index (CPI) has grown to 3.58 percent, the fastest pace in 7 months, owing rising food and fuel prices.

Central Bank to Conduct the Sale of Govt Securities under OMO

The Reserve Bank of India (RBI) said in a release that it would sell government bonds worth Rs 100 billion through OMO route (Open Market Operations) through multi-security auction using the multiple price method to ease the liquidity situation. The release detailed that – based on the current assessment of prevailing and evolving liquidity conditions, the RBI has decided to conduct the sale of government securities under OMO for an aggregate amount of Rs 100 billion on Thursday, September 28, 2017 through multi-security auction using the multiple price method.

The assessment suggests that the market liquidity strain is likely to remain enduring considering the fiscal targets set for the year and projections for aggregate credit growth.

As part of the open market operations, the RBI will purchase govt securities maturing in 2017 (bearing interest rate of 8.07%), 2019 (7.28%), 2023 (7.16%) and 2027 (8.28%). There is an overall aggregate ceiling of Rs.100 billion for all the securities and there is no security-wise notified amount.

Open market operations (OMO) implies to the buying and selling of govt securities in the open market so as to expand or contract the amount of money in the banking system, facilitated by the central bank of a country.

Market News on BHEL's New Project with Tata Motors Vehicle's Price Updation

Bharat Heavy Electricals Limited has received a Rs 5000 crore worth Power Project in Tamilnadu. This new project has made a huge impact on BHEL Stock and as per the latest updates BHEL is currently moving up with the hike of 7.82%. Siemens has announced to sell its Health Care Business to its parent company on the 4th of March. After this announcement Siemens Stock jumped up by 27 points and currently trading at 1053 with the lead of 2.68%. Experts say, there is a great upcoming for Siemens in the near future. 

According to the RBI, the Foreign Institutional Investment in Tata chemicals have reached its limit and there is no way to invest any further in the current situation. Company stock hasn't shown any activity till now, but can show higher movements in next few days.  After the SES increment in this Budget, Tata Motors has increased the price of Passenger Vehicles by 2000 - 35000 rupees. Same increment is expected from other Auto Manufacturing Companies and this hike will definitely affect the company stocks.