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UBI declares Mallya wilful defaulter

Kingfisher Airlines says it will contest bank's move in Supreme Court

LIC seeks clarity on insurance under Pradhan Mantri Jan Dhan Yojana

LIC which will offer the cover holds meetings with finance ministry; decision on premium payment in next 2-3 days

Convey credit decisions early: RBI

Banks given 30 days to put in proper system of loan approval

JICA extends loan of Rs 3,500 cr for energy sector

The assistance will promote renewable energy generation and efficient energy use in MSMEs

SBI signs $152-mn export pact with Japanese bank

Agreement was signed by SBI Chairperson Arundhati Bhattacharya and JBIC Governor Hiroshi Watanabe in Tokyo

Features Rss icon

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: ...

Sajjid Chinoy: Raghuram Rajan's principled pragmatism

Inflation targeting is precisely consistent with the transparency and predictability that the Governor pledged on day one

Can public sectors banks clean up the rot within?

Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption. The arrest of the Syndicate ...

Why capping own ATM usage is not a good idea

Instead of encouraging customers to adopt technology, RBI's latest move may mean more crowding at bank branches

NPAs of PSBs could rise on tighter asset sale norms

Restructured assets of SBI, Canara Bank, BoI could rise as they have been aggressive in selling bad loans

Money & Forex Rss icon

Rupee down 3 paise to 60.53

Fresh capital outflows also weighed on the rupee but bullish local equities restricted the fall to a major extent

Rupee weakens marginally; ECB meet in focus

Volumes in the currency market were low on account of the US Labour Day holiday and following a long-weekend back at home

Rupee flat ahead of SC verdict on coal blocks

Gains in domestic share market aid rupee, but mood cautious

Rupee seen appreciating after strong GDP data

Friday's GDP data showed that growth accelerated to the fastest pace in more than two years

Policy Watch Rss icon

RBI may cut rates by 75-100 bps starting early 2015: BofA

Says it expects a rate cut even if the US Fed hike rates

Inflation targeting: Rajan's stance risks stand-off with govt

Reserve Bank of India (RBI) Governor Raghuram Rajan has set himself a target of lowering consumer inflation and is even ready to raise rates to ...

RBI signal in policy review: Forget rate cut this year

Inflation-wary Rajan maintains pause on repo rate; 50-bp SLR cut to release Rs 40,000 cr

RBI monetary policy: Save now to spend later

Deposit rates will come down before lending rates

Editorial Comment Rss icon

Lure of lucre

Public-sector banks need robust rewards and penalties

Fixing asset reconstruction processes

Are distressed assets being dealt with effectively?

Columnists Rss icon

Debashis Basu

Debashis Basu: Narendra Modi's Jan Dhan - what's new?
Debashis Basu

Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party ...

R Gandhi

What is shadow banking?
R Gandhi

In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through ...

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10-year gilt yield (%)

Banking Data

Instrument 01/09/2014 1 year ago
Call Rate 7.05 10.25
5 yrs GSec 8.61 9.40
10 yrs GSec 8.55 8.65
Bank rate 9.00 10.25
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/9.05 8.00/9.00