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RBI group wants use of public key infrastructure for safe payment system

RTGS, NEFT fall under Public Key Infrastructure

RBI puts curb on using ECB to repay domestic loans

The Reserve Bank of India (RBI) has barred companies from repaying domestic loans through funds raised through external commercial borrowings ...

Hong Kong regulator reprimands, fines RBS

The SFC said in a statement RBS failed to detect and prevent unauthorised trades in its emerging markets rates business in the city in 2011

Bajaj Allianz General Insurance launches insurance cover for surgical treatments

Plan assures guaranteed benefit amount depending on surgical treatment graded based on costs and covers almost 600 surgeries

RBI may set new pricing norms for state debt in phases

But sources say RBI has not made a final decision yet

Features Rss icon

Tactical trades may turn out to be winners: Jajoo

While softening core CPI, stable rupee and institutional demand provides support at higher yields, large supplies and global headwinds provides ...

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 ...

Money & Forex Rss icon

Rupee weakens past 61/dollar to 1-month low

Hurt by good demand for the greenback from oil importers

Rupee sheds 18 paise against dollar

The dollar index was down by 0.14 per cent against its six major global rivals

Rupee weakens for second straight day

The rupee ended at Rs 60.77 compared with previous close of Rs 60.59 per dollar

Rupee hits 1-month low as oil importers buy dollars

Asian currencies also fall, yuan hits 14-month low

Policy Watch Rss icon

RBI likely to be in pause mode till Dec: BofA-ML

Financial services company says inflation pressures are likely to remain as a possible El Nino could affect the monsoon, which in turn would ...

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

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 22/04/2014 1 year ago
Call Rate 8.00 7.60
5 yrs GSec 8.85 7.66
10 yrs GSec 8.99 7.76
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