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Swap transactions allowed for rupee-denominated foreign loans: RBI

The continuation of the swap shall be subject to the existence of the underlying ECB at all times

Saija Finance to raise Rs 400 cr via ECB

The capital adequacy at March-end was 71.67 per cent

Few takers for Jan Dhan overdraft

So far, the overdraft facility has been sanctioned in only 40,000 accounts, and only 8,000 have availed of it

Telematics devices for cars see drop in prices

Telematics is a Western concept that was introduced to understand the usage of the car including the speed at which it is being driven

Deadline on incentives for early sale of NPAs extended

This facility was earlier available only for NPAs sold till 31st March 2015

Features Rss icon

'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

A big step forward in reinsurance sector

Comments from stakeholders and others would assist in making the guidelines congruent with the reforms proposed by the govt

Money & Forex Rss icon

Rupee up marginally in early trade

Continued selling of dollar by banks, exporters helps

Rupee ends 18 paise higher at 63.64

According to a forex dealer, good foreign capital inflows also boosted the rupee value against the dollar

Rupee gains 17 paise against dollar in early trade

Fresh selling of the US currency by exporters helped the rupee

Rupee ends 15 paise lower at 63.82

The higher dollar abroad following unexpectedly better US housing data for April, weighed on the rupee

Policy Watch Rss icon

Finance Minister expects rate cut by RBI

Repo rate currently stands at 7.5% and the cash reserve ratio is 4%

Monetary policy: Three out six occasions Rajan went against advisors' view

Six TAC meetings held since Raghuram Rajan took over as central bank's governor in Sept 2013

RBI to cut rates next month and once more by year-end: poll

60% economists feel RBI will cut rates by 25 bps before June 2 meeting

Monetary Policy panel contours likely 4-6 months away

RBI Act Amendments for MPC not likely even in monsoon session

Editorial Comment Rss icon

Bad asset blues

Govt cannot continue to ignore non-performing assets

The cost of safety nets

Financial inclusion will need explicit fiscal commitment

Columnists Rss icon

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 ...

Rohit Lamba & Arvind Subramanian

Rohit Lamba & Arvind Subramanian: Why India should focus on leverage not just capital adequacy
Rohit Lamba & Arvind Subramanian

In part five of a series, the authors explain that if CRAR is proving to be tricky internationally, exclusive reliance on it in India is perhaps ...

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10-year gilt yield (%)

Banking Data

Instrument 21/05/2015 1 year ago
Call Rate 7.75 7.75
5 yrs GSec 7.90 8.73
10 yrs GSec 7.86 8.89
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