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Bank results indicating asset quality stability: RBI

Only way to get over the issue of mounting bad loans is to adopt correct business practices and risk management strategies, said S S Mundra

RBI says 'watchful' of banks' bad loans levels

Says while NPAs in April-June quarter stable, they are still not back to normal levels

Rise in bond yields, bad loans hurt govt banks

PNB, BoI, Union Bank report sharp decline in net profit

RBI might announce liquidity tightening steps

While the central bank wants call money rates to hug the repo rate, it has occasionally fallen below repo

RBI likely to keep repo rate unchanged: DBS

According to DBS, besides the P-Notes issue, other domestic factor weighing on market is the unproductive monsoon parliament session, which ...

Features Rss icon

First, check what a policy covers

Jyoti Ceramic Industries, an exporter, had received an order from Techno Ceramics. in Philadelphia, the US, for supply of 'zirconium oxide ...

Banking: Rakesh Jain

Rakesh Jain, Chief Executive Officer of Reliance General Insurance, answers your questionsI have a group insurance policy for a sum assured of ...

PSU banks opt for offbeat tactics to tackle $49 billion of bad debts

Tactics include targeting smaller borrowers with aggressive 'name and shame' campaigns, putting pressure on investors or executives at larger ...

SBI: Analysts cheer move to raise staff incentive

Performance-linked incentives to rise, stock options might be given to employees above the rank of assistant and deputy general manager

Weighed down by regulatory problems, distressed asset market struggles for growth

Banks are allowed to amortise their loss arising out of a NPA, by selling it to an ARC, over eight quarters

Money & Forex Rss icon

Nomura sees Indian rupee reaching 63.20 by Q3 of 2016

Says the view is driven by expectations of the dollar strengthening and the belief that RBI will continue to aggressively buy dollars

Rupee ends steady at 63.91

The domestic unit moved in a range of 63.82 and 63.94 per dollar during the day

Import cover in forex reserves close to 9 months: RBI

Ratio of volatile capital flows, short term debt to forex reserves fall

Rupee jumps 25 paise at 63.91

Selling of the American currency by banks and exporters amidst renewed foreign capital outflows supported the currency

Policy Watch Rss icon

Further monetary easing on the cards

Subsequently, several such concerns have subsided to an extent, with a smaller-than-feared monsoon deficit, above-normal kharif planting, ...

Inflation debate will not deter price stability goal

As the August monetary policy review approaches, there is a near-unanimity that another interest rate cut is not on the cards. Worries over a ...

RBI to pause on Aug 4; 50-bp cut likely in early 2016: BofA-ML

Expects Governor Raghuram Rajan to strike a dovish note to keep the door open for further rate cuts

No veto power for RBI governor in deciding interest rates, says draft code

This is at odds with its earlier draft, which had proposed entrusting the governor with such powers in case of a conflict with the view of most ...

Editorial Comment Rss icon

Bias towards action

Two issues RBI must contend with

Mutual distrust

Pragmatism suggests a veto power for the RBI governor

Columnists Rss icon

Abheek Barua

Abheek Barua: What should the MPC look like?
Abheek Barua

Balance is needed in selecting members for the proposed monetary policy committee

Curtailing RBI Governor's veto powers is another flash point between RBI & Govt

Urjit Patel panel wanted all members to be appointed by RBI

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10-year gilt yield (%)

Banking Data

Instrument 12/06/2015 1 year ago
Call Rate 7.00 7.05
5 yrs GSec 8.08 8.41
10 yrs GSec 8.06 8.53
Bank rate 8.25 9.00
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/8.50 8.00/9.05