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Tweaking wilful defaulter definition to cover directors: Rajan

Currently, a wilful defaulter is one who has not used loans for the stated purpose or has not repaid when he can do so, or has siphoned off ...

Rate cut unlikely during this calendar year: experts

Say RBI still cautious on inflation, focussed on credit supportive growth

At RBI policy review, Raghuram Rajan leaves interest rates unchanged at 8%

The central bank on Tuesday left its repo rate untouched at 8% as part of its continuing battle against inflation

SBI fears defaults by UP private sugar mills

SBI MD writes to UP chief secretary expressing her concerns

FinMin asks public sector insurers to have female employees placed near family

In August, a similar directive was given to public sector banks with respect to their female employees

Features Rss icon

Life Insurance: Anuj Agarwal

I am 23 and have started working in June this year. I want to buy a life insurance policy but don't know which policy to buy. Please help.It is ...

Divergent monetary policies positive for India

Inflows from Europe, falling crude oil to come to the rescue if rupee cracks against the dollar

Rupee outlook: Barring a few intermittent spikes, rupee to trade in 60-62 range

The rupee has witnessed remarkable stability over recent months and its volatility is at multi-year lows. This is in sharp contrast to last ...

One year of Raghuram Rajan: A spring in his step

The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation. Next on his agenda: ...

Sajjid Chinoy: Raghuram Rajan's principled pragmatism

Inflation targeting is precisely consistent with the transparency and predictability that the Governor pledged on day one

Money & Forex Rss icon

Rupee gains after RBI policy review

Month-end demand from importers is seen aiding the pair

Rupee ends at near seven-month low

Ends at Rs 61.53 compared with previous close of Rs 61.16 per dollar

Rupee falls, focus shifts to RBI policy tomorrow

Asian currencies retreat on upward revision to US GDP growth

India's forex reserves slip further to $315.59 billion

In the week to September 12, the reserves had dropped by $1.615 billion to $315.697 billion

Policy Watch Rss icon

RBI projects GDP growth to accelerate to 6.3% next fiscal

RBI said the 5.7% growth in the first quarter of the current fiscal surprised on the upside

RBI likely to hold rates, strike a neutral tone

Analysts see no rate cut until 2015 from the central bank

Flexible inflation targeting needed

The bi-monthly monetary policy will be announced today. Public statements made by Reserve Bank of India (RBI) policymakers tend to suggest that ...

RBI may not cut interest rates as inflation levels still high

The RBI will unveil its fourth bi-monthly policy on September 30

Editorial Comment Rss icon

A case for status quo

Inflation trend reassuring, but not enough for a rate cut

The governor's year

Raghuram Rajan has done well, but his task is incomplete

Columnists Rss icon

Akash Prakash

Akash Prakash: The cycle turns
Akash Prakash

The author warns that India risks complacency - why go after the hard, politically difficult stuff when growth is rebounding anyway?

Indira Rajaraman

Indira Rajaraman: Transparency as cure
Indira Rajaraman

Transparent disclosure of project clearances and delays is needed to restore the health of the banking system

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10-year gilt yield (%)

Banking Data

Instrument 29/09/2014 1 year ago
Call Rate 7.70 7.50
5 yrs GSec 8.52 8.89
10 yrs GSec 8.47 8.73
Bank rate 9.00 9.50
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/9.05 8.00/9.00