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Top related persons:
Hemanshi - 2 “ - 1 ” Vijay Sharma - 1 PNB Gilts - 1 Bond - 1 ” - 1 Gaura Sen Gupta - 1 Upasna Bhardwaj - 1
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MUMBAI India ” RBI’s Mumbai American
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REUTERS - 3 Reserve Bank of India - 2 Banking - 1 “ - 1 Goods - 1 Services - 1 IDFC - 1 Bank - 1

Search resuls for: "Hemanshi Kamani"


3 mentions found


☆ India's state-run banks to lower bond purchases as liquidity tightens - treasurers
  + stars: | 2023-10-13 | by ( Dharamraj Dhutia | ) www.reuters.com   time to read: +2 min
MUMBAI (Reuters) - India’s state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury officials from nine state lenders said. REUTERS/Hemanshi KamaniBond yields have spiked since Oct. 6, when the central bank said it will keep monetary policy restrictive and sell bonds to manage banking system liquidity. These lenders have bought 253 billion rupees ($3 billion) of government debt since Sept. 22, including 100 billion rupees on Oct. 6. Banking system liquidity - the quantum of funds in the interbank market - has largely been in deficit from the middle of September. Bond traders expect the banking system’s cash position to stay in deficit because of tax payments and likely bond sales by the Reserve Bank of India (RBI).
Persons: “, ” Vijay Sharma, PNB Gilts, Bond Organizations: REUTERS, Banking, Reserve Bank of India, “ Locations: MUMBAI, ”, India
☆ India's banking system liquidity deficit jumps to over 4-year high
  + stars: | 2023-09-20 | by ( Dharamraj Dhutia | ) www.reuters.com   time to read: +2 min
MUMBAI (Reuters) - India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack of any major inflows, traders said on Wednesday. REUTERS/Hemanshi Kamani/File PhotoBanking system liquidity deficit jumped to 1.47 trillion rupees ($17.67 billion) as on September 18, the highest single day shortfall since April 23, 2019, while banks have borrowed a record 1.97 trillion rupees from the central bank’s Marginal Standing Facility window. Advance tax payments took place last week, while outflows towards Goods and Services tax will be completed by Wednesday, with bankers estimating aggregate outflows of up to 2.50 trillion rupees. Moreover, “another drain on rupee liquidity could be from RBI’s (Reserve Bank of India) FX intervention if depreciation pressures on the rupee persist,” said Gaura Sen Gupta, an economist with IDFC First Bank. The liquidity deficit will, however, narrow towards the end of this month and the beginning of October as government spending picks up and the I-CRR is completely wound down.
Persons: Hemanshi, ”, Gaura Sen Gupta, Upasna Bhardwaj Organizations: REUTERS, Goods, Services, Reserve Bank of India, IDFC, Bank, Kotak Mahindra Bank Locations: MUMBAI, India, RBI’s
☆ Chance encounter transforms girl from Mumbai slum into teenage model, internet influencer
  + stars: | 2023-09-18 | by ( Hemanshi Kamani | ) www.reuters.com   time to read: +2 min
MUMBAI, Sept 18 (Reuters) - Three years ago an inquisitive American tourist wandered into a waterfront slum in Mumbai and met a tiny, smiley girl. In March, a luxury Indian cosmetics brand Forest Essentials chose Maleesha as the face of its Yuvati campaign celebrating young Indian women. [1/5]Maleesha Kharwa, 15, a model and Instagram Influencer, takes a selfie next to a bus terminal in Mumbai, India, September 11, 2023. Since then, Maleesha has become a social media influencer, using the hashtag 'the princess from the slum' in some of her posts. Reporting by Hemanshi Kamani, writing by Tanvi Mehta; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Kharwa, Maleesha, Influencer, Hemanshi, Robert Hoffman, Hoffman, Hemanshi Kamani, Tanvi Mehta, Simon Cameron, Moore Organizations: Cosmopolitan India, REUTERS, Thomson Locations: MUMBAI, Mumbai, India, American
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