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RBI open to using CPI for providing inflation protection in Inflation Indexed Bonds

Currently, WPI inflation will be issued in the first tranche of bonds which will be auctioned on June 4

PSBs expected to raise Rs 9.60 lakh cr in 10yrs: Report

The Holdco can raise long-term debt from domestic and international markets to infuse equity in the PSBs

PSU banks overdue rate at 60% in Odisha

Overall recovery position of all banks by March-end this year stands at dismal 45.45%

City Union Bank to expand branch and ATM network

Currently, the bank has 375 branches and 790 ATMs, and it aims to maintain the branch-ATM ratio of 1:2

Government bond yields seen falling

The fall in government bond yields are expected to continue this week due to expectations of a repo rate cut in the mid-quarter review of the ...

Features Rss icon

Expect some correction in fixed income this week: Mahendra Jajoo

With underlying fundamentals continuing to promise further improvement, any correction should be used to create fresh positions

Bangladesh's leans on a poet's vision after Yunus

The country's apex bank is examining little known aspect of Tagore's life, as founder of micro-finance schemes too

Fixed income markets too optimistic: Mahendra Jajoo

Given the strong underlying momentum, a correction, if any, may be a good opportunity for a fresh round of buying

Prepaid debit cards: A weak link in bank security

Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection

Indian card processor in $45-mn heist is ElectraCard: Sources

One of the credit card processing companies whose security was breached in a $45-million global cyber heist was India's ElectraCard Services, ...

Money & Forex Rss icon

Rupee down 10 paise at 54.98/dollar in early trade

Increased demand for the dollar from banks and importers puts pressure on the rupee

Forex reserves fall $616.4 million to $293.69 billion

Foreign currency assets, major component of forex reserves, were down by $568.1 million to $263.16 billion

Rupee down 21 paise at 54.98/dollar in early trade

Appreciation of the US currency against euro overseas affects rupee

Rupee up by 10 paise at 54.68/dollar in early trade

Increased selling of US currency by exporters and banks helps rupee

Policy Watch Rss icon

RBI moots review of all bank licences on 'fit & proper' norms

Note to finance ministry says adherence to the guidelines needs to be evaluated

RBI likely to cut policy rates at its June 17 meeting

The headline wholesale inflation fell to 41-month low in April (4.89 %)

BS Poll: Reserve Bank may not cut the repo rate further next month

Thrust may be to ensure that benefits of previous cuts are passed on by reduction in lending rates

50 bps rate cut possible if monsoon is good, inflation falls further: Ashima Goyal

Q&A with external member, Technical Advisory Committee of RBI

Editorial Comment Rss icon

Sting in the tale

Lessons for RBI and banks from Cobrapost investigation

Horns of a dilemma

RBI faces contradictory signals

Columnists Rss icon

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Corporate group-run banks: why now?
Jaimini Bhagwati

The opportunity cost of allowing firms to run banks seems to outweigh the intended higher lending and competition

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China lends in the dark
Andrew Sheng & Xiao Geng

Financial repression in China means savers are increasingly turning to the risky shadow banking sector

Quick Links

10-year gilt yield (%)

Banking Data

Instrument 20/05/2013 1 year ago
Call Rate 7.30 8.00
5 yrs GSec 7.26 8.38
10 yrs GSec 7.18 8.50
Bank rate 8.25 9.00
PLR 11.00/15.75 11.00/15.75
Deposit rate 7.50/9.00 8.00/9.25