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Bank of Maharashtra cuts base rate by 25 bps to 10%

This will be effective from June 1

RBI to prescribe net stable funding ratio for banks

NSFR limits over reliance on short-term wholesale funding

RBI introduces new category of prepaid payment instruments for mobility cards

Rationale behind introduction of these cards is to reduce the cash transactions in the system

Performance review norms by boards also for private banks: RBI

A notification in this regard was issued to all managing directors and chief executives of all private sector banks

Fullerton India to enter affordable housing finance

The home loan arm will be called Fullerton Home Finance Company

Features Rss icon

Is the worst over for public sector banks?

A structural improvement taking place in public sector banks, with the government and RBI laying the foundation for an efficient governance ...

'Pre-existing diseases get cover from 5th year of mediclaim policy'

The General Insurance Council has given a uniform definition for pre-existing diseases. These get covered from the fifth year of the policy. ...

K V Kamath: A man who always challenges the status quo

The 6-foot-2-inch banker had earlier spent his entire career at ICICI and then ICICI Bank

Life insurance: Amitabh Chaudhry

Today, Amitabh Chaudhry , managing director & chief executive officer at HDFC Life, answers your questionsMy insurance policy lapsed. Now, ...

Insurers go back to the drawing board

While 49% FDI has been allowed in the insurance sector, there are several issues that still concern Indian companies and their foreign partners

Money & Forex Rss icon

India Inc seeks better pricing, FX relief to sell rupee bonds offshore

Weakening rupee, FIIs' cooling appetite for India have added to the cost of accessing funds overseas in recent months

Rupee firms up 5 paise against dollar

Increased selling of the US currency by exporters and banks helped the rupee

Rupee snaps 3-day losing streak; closes 21 paise up

The currency firmed up to 63.80

Rupee gains back 8 paise against dollar

Forex dealers said, a higher opening in the domestic equity market propped up the rupee

Policy Watch Rss icon

Bond market hopes for rate cut with dovish RBI stance

A rate cut would also lead to a further fall in yields

RBI must revise sectorial exposure for easier funding for infrastructure

Making capital available at globally competitive rates and ensuring currency stability to attract foreign investments are the minimum ...

RBI likely to cut rates by 25 bps on June 2: poll

Is expected to follow with another rate cut in December

RBI to watch for monsoon onset before softening rates further

Recent coal block and telecom spectrum allocations are good examples of transparent and accountable service delivery

Editorial Comment Rss icon

Reputation risks

Real interest rate of 2.5 per cent hurts revival

Bad asset blues

Govt cannot continue to ignore non-performing assets

Columnists Rss icon

Andy Mukherjee

Andy Mukherjee: A calm rupee
Andy Mukherjee

The Reserve Bank of India has room to cut interest rates and revive growth without having to fret about capital flight

Abheek Barua & Bidisha Ganguly

Abheek Barua & Bidisha Ganguly: The return of turbulence
Abheek Barua & Bidisha Ganguly

Just as the dip in oil prices had buoyed sentiment on India for the past year, a reversal will have an equally strong impact, which is already ...

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10-year gilt yield (%)

Banking Data

Instrument 28/05/2015 1 year ago
Call Rate 7.60 7.00
5 yrs GSec 7.88 8.59
10 yrs GSec 7.64 8.75
Bank rate 8.50 9.00
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/8.50 8.00/9.05