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Mor panel's financial inclusion report may be put on back burner

The panel had suggested a new banking structure to foster financial inclusion

Call for 5-day week for state banks resurfaces

The Indian Banks' Association (IBA) is reconsidering a long-standing demand from employee unions to keep bank branches open for only five days a ...

Irda forms working group for simple products in general insurance

Regulator said it was required to review the extant guidelines on F&U requirements for general insurance products

Liberty Videocon GI eyes Rs 250 cr premium this fiscal

While 70% of its premium last fiscal came from motor insurance segment, rest came from fire, engineering and health segments

Bond yields unlikely to fall further: Traders

Govt has planned to borrow in the range of Rs 14,000-20,000 crore every week from the market in the first half of the current fiscal which will ...

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The challenge: a bank account for everyone

With less than 60% of households having access to banking services, India has a long way to go before financial inclusion becomes a reality. The ...

Bond yields to be range-bound this week: Jajoo

Money market rates having eased sharply in new fiscal year will possibly consolidate at current levels

Shape up or ship out

The life insurance industry is working hard to shake off the image of being seen as just another tax saving tool

Banker of poor goes mainstream

Much of Chandra Shekhar Ghosh's success boils down to Bandhan's unparalleled reach in rural areas. Can this model bring him success in his new ...

BS People: GS Sandhu

Making a propitious start

Money & Forex Rss icon

Rupee up 8 paise at 60.29

Fresh dollar selling by exporters amid weak dollar overseas aided the rupee

Rupee snaps three-day fall; share gains help

The partially convertible rupee closed at 60.29/30 per dollar compared with 60.37/38 on Wednesday

A star abroad, RBI boss riles bond traders at home

Traders conplain Rajan's reforms have been too soon and taken without consulation with the markets

Rupee continues to trade slightly lower on weak stocks

Data showed overseas investors sold Indian shares worth Rs 21.6 cr on Tuesday

Policy Watch Rss icon

Inflation-warrior Rajan hits the pause button on interest rates

RBI hints at keeping repo rate steady if inflation eases

RBI move to boost capital flows

The Reserve Bank of India (RBI) on Tuesday took steps to encourage long-term capital flows from foreign portfolio investors (FPIs) and reduce ...

Inflation control RBI's priority, says India Inc

The central bank maintained its 2014 Consumer Price Index-based inflation at eight per cent and said this had an upside risk

UBI issue points to lack of corporate governance in PSBs: RBI

RBI has raised issue of enhancing corporate governance norms in PSBS with govt and called for action on priority basis

Editorial Comment Rss icon

Monetary sovereignty

Lessons from Ben Bernanke's exchange with Raghuram Rajan

RBI's welcome conservatism

Central bank holds firm against business houses in banking

Columnists Rss icon

Jamal Mecklai

Jamal Mecklai: Burning money
Jamal Mecklai

I remember back when I was in school, my closest friend was from what-appeared-to-be a seriously wealthy family. While they lived very well, his ...

Suman Bery

Suman Bery: The next big thing in finance
Suman Bery

India has a big stake in Chinese financial reform

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10-year gilt yield (%)

Banking Data

Instrument 17/04/2014 1 year ago
Call Rate 8.00 7.65
5 yrs GSec 8.93 7.69
10 yrs GSec 9.12 7.87
Bank rate 9.00 8.50
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/9.25 7.50/9.00