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Indian banking brands shine on the global stage

The country's banks are the 2nd-fastest-growing ones in combined brand value, shows Brand Finance study

Payment bank can be asset origination opportunity: Kotak

It is a 'low value-high volume' business and Kotak is looking at it as a new product market opportunity, says bank's Joint MD

Public sector banks should be allowed to recruit from IITs, IIMs: SBI

Supreme Court does not allow state-run banks to go for campus recruitment to these premier institutions

IFCI to sell 2.5% stake in NSE in next 15 days

Infrastructure lender IFCI at present holds 5.44% stake in the premier bourse

Kosamattam plans Rs 200 cr NCD issue; seeks Sebi nod

The Kerala-based NBFC is into gold loan financing

Features Rss icon

Burger flippers in the US make about as much as state bank chiefs in India

Low wages at state-owned banks had prompted more than a million employees to threaten a four-day strike starting Monday

Re-rating likely for PSBs as asset quality issues abate

Asset quality issues abate; lower interest rates, marginal pick-up in credit demand to drive earnings

Total external debt goes up in first half of FY15

Short-term debt declined 3.2 per cent to $86.4 billion and long-term debt rose 4.7 per cent to $369.5 billion in the six months ended September

TMB strives for growth despite troubles

For investors, TMB is one of the most sought-after banks for its steady profitable streak since inception

NPA recovery: Cases rise sharply, but recovery drops

Only 18% of total debt recovered; Govt should move to make laws tougher at the earliest

Money & Forex Rss icon

RBI ups forex intervention in spot market

This will ensure comfortable liquidity as inflation eases, say experts

India's forex reserves down $97.9 million to $322 billion

Foreign currency assets fell by $19.7 million to $297.510 billion in the reporting week

Rupee falls most in six weeks to 61.88 against dollar

Asian currencies weakened on Thursday after the US Federal Reserve boosted its assessment of the economy, spurring gains in the greenback

Rupee logs worst drop in 7 weeks, down 45 paise at 61.86

Dollar demand from importers, mainly oil refiners affected the currency

Policy Watch Rss icon

RBI may cut interest rate further in policy review this week

The central bank last month announced a surprise rate cut of 25 basis points after maintaining a hawkish monetary stance for 20 months

RBI policy review, Q3 results to drive stock markets: Experts

Global cues, investment by overseas investors, movement of rupee against dollar and crude oil price would also influence trading

Run-up to monetary policy review: Rate cuts likely to be front-loaded

We think it is possible for RBI to cut rates again by 25bps in February to ensure calibrated monetary easing

Market sees liquidity easing measures from RBI in monetary policy review

Overnight rates stay firm despite repo rate cut last month

Editorial Comment Rss icon

The currency conundrum

A clear case for applying brakes on rupee appreciation

The value of consistency

RBI must adhere to a course once selected

Columnists Rss icon

Debashis Basu

Debashis Basu: Regulators versus customers
Debashis Basu

You walk into a bank to roll over a fixed deposit (FD). After you take your seat, the bank executives suggest that instead of continuing to ...

Abheek Barua & Bidisha Ganguly

Abheek Barua & Bidisha Ganguly: The re-emergence of 'Grexit' fears
Abheek Barua & Bidisha Ganguly

Despite the hard calculus of costs and benefits, letting Greece stray from the fold will be a tough call

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10-year gilt yield (%)

Banking Data

Instrument 30/01/2015 1 year ago
Call Rate 7.75 7.60
5 yrs GSec 7.71 8.92
10 yrs GSec 7.71 9.08
Bank rate 8.75 8.75
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/8.75 8.00/9.10