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Centre may cut stake in public sector banks to 52%

Move likely to mobilise Rs 89,000 crore

700 companies under RBI lens for non-payment of investor money

The move comes against the backdrop of rising instances of people getting duped by illicit money pooling activities

Govt banks get autonomy to appoint auditor

RBI will provide the selection criteria for selecting SCAs to PSBs

India's forex reserves down $672 million

The country's foreign exchange reserves fell $672.4 million for the week ended November 21 to $314.88 billion, show Reserve Bank of India (RBI) ...

Reserve Bank scraps 80:20 norm for gold imports

Trade cheers at easing, says decision will curb smuggling, cut red tape

Features Rss icon

Banks propose fund to cure power sector's woes

As banks struggle with high levels of exposure to the sector, a separate fund for power projects is seen as the next best solution

Debt recast or postponing the inevitable?

RBI in no mood to extend regulatory forbearance

Fixed income outlook: Indian bonds to remain in vogue for next few quarters

In the past two months, bond yields have drifted lower across the yield curve to the tune of 40-45 basis points (bps), despite the lack of ...

RBI norms puts NBFCs' survival in question

The regulatory arbitrage that non-banking finance companies were enjoying over banks is going to be over by 2018 following new norms from RBI

New NBFC regulations: It's advantage banks

There is little doubt that RBI's effort will reduce arbitrage between NBFC and banks, but in the end the scale is clearly tilted towards the ...

Money & Forex Rss icon

Rupee weakens to 9 month low; bond yields lowest in 16 months

Rupee ends at 62.03 compared with previous close of 61.88; Bond yield at 8.09%

Rupee falls for fifth straight week

On the week, the rupee dropped nearly 0.5%

Rupee extends fall on month-end dollar demand

Almost all Asian currencies are weaker against the dollar

Month-end dollar demand hurts rupee

Rupee seen moving in a 61.70 to 62.10 range until RBI policy

Policy Watch Rss icon

Jaitley to nudge Rajan for rate cut before RBI policy meet

RBI is being widely expected to hold rates in its policy review

Is the recent disinflation cyclical or structural?

If and when growth accelerates pricing power and core will likely pick-up, unless input costs continue to moderate. Oil prices could easily ...

Analysts see status quo on Tuesday

Say the RBI may cut rates only next year

RBI will acknowledge improved outlook for inflation: CLSA

But says rates will likely be kept on hold

Editorial Comment Rss icon

Banking on thin ice

Explicit condemnation of large defaulters welcome

Premature exuberance

The risks of cutting rates too soon

Columnists Rss icon

Andy Mukherjee

Andy Mukherjee: Go easy, RBI
Andy Mukherjee

Cutting interest rates now would have few risks, and several benefits

Subir Gokarn

Subir Gokarn: Can our banks finance the economic recovery?
Subir Gokarn

The banking system's capacity to finance the ongoing recovery may become a constraint

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10-year gilt yield (%)

Banking Data

Instrument 28/11/2014 1 year ago
Call Rate 7.25 7.25
5 yrs GSec 8.14 8.65
10 yrs GSec 8.08 8.86
Bank rate 9.00 8.75
PLR 11.00/15.75 11.00/15.75
Deposit rate 8.00/9.00 8.00/9.05