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Irda slaps Rs 50 lakh penalty on ICICI Lombard

The fine has been slapped for violating various norms during financial years 2011, 2012, 2013, 2014

Fill up CMD posts at public sector banks, AIBEA writes to PM

Important post of chairman and managing director is vacant at United Bank of India, Canara Bank, Syndicate Bank, Bank of Baroda, Indian Overseas ...

Banks need to think out-of-the-box on MSMEs: Expert

Dr P M Mathew says a solution can best come from developing and articulating a business case, by which banks find lending to MSMEs a truly ...

Banks cut lending rates to corporate sector

Lenders say they have been left with no choice but cut rates, as companies are increasingly turning to the corporate bond market for loans

Bond yields could drop to 8% in 6 months

Government bond yields are seen falling on expectations of a rate cut this financial year, due to a fall in retail inflation. Experts say the ...

Features Rss icon

What's so special in officers of govt-run Dena Bank?

Many from this small lender have made it to other bank boards over the past 5 years

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: ...

Money & Forex Rss icon

Rupee ends at over one-week high of 61.27

Fresh capital inflows and a rally in stocks helped the rupee rise

Rupee trades higher as Asian shares gain

Govt's recent reform moves a positive for rupee

Rupee rises on reforms hopes

Chinese GDP data grows slightly above expectations, helps rupee

Rupee gains, bond yields fall due to poll results, optimism

The rupee ended at 61.36 to the dollar, compared with the previous close of 61.44. During intra-day trade, it touched a high of 61.18

Policy Watch Rss icon

As inflation rates slide, hopes for RBI rate cuts brighten

RBI's inflation target likely to be met much before January 2016 deadline

New monetary policy framework by Dec

Govt to fix inflation target, RBI panel will decide how to meet it; mix of Patel and FSLRC suggestions

RBI not biased towards either raising or cutting rates: Rajan

Says action will depend on inflation data

Wait for a rate cut just got longer

RBI keeps repo rate unchanged; market sees prolonged pause; banks may trim deposit rates

Editorial Comment Rss icon

Enabling inflation targeting

Real government action on inflation containment still awaited

Focus on structural change

Reserve Bank of India takes regulatory steps forward

Columnists Rss icon

Madan Sabnavis

Madan Sabnavis: Payment banks - Spot the difference
Madan Sabnavis

With post office deposits and Jan Dhan already in place, is there really place for yet another institution for banking inclusion?

Debashis Basu

Debashis Basu: A chowkidar for state banks
Debashis Basu

Narendra Modi's many passionate election speeches last year and earlier this year were punctuated by a very colourful expression. "Send me to ...

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10-year gilt yield (%)

Banking Data

Instrument 22/10/2014 1 year ago
Call Rate 9.00 9.00
5 yrs GSec 8.49 8.59
10 yrs GSec 8.36 8.60
Bank rate 9.00 9.00
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/9.05 8.00/9.05