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Repayment of 11.50% IDBI SLR Bonds 2009 (55th Series)20-NOV-09
Investors holding the bonds in the form of Promissory Notes (PNs) may tender the same at the concerned branch of IDBI Bank Ltd. where they were last enfaced, by December 09, 2009, to facilitate repayment in time.
RBI restores SLR to 25%28-OCT-09
Beginning the end of its accommodative monetary policy, the Reserve Bank of India (RBI) today restored the statutory liquidity ratio (SLR) to 25 per cent from 24 per cent and closed the special financing window set up for mutual funds and home finance companies.
Rates may stay stable for 3-4 months: Banks28-OCT-09
Retail and corporate loan rates may stay the same as bankers today ruled out any increase in lending rates in the next three to four months, thanks to the RBI keeping almost all key rates unchanged.
Stance to spur growth28-OCT-09
‘The guidance for the October monetary policy is clear. There is enough liquidity in the system to meet the demand from the government and private borrowers, good growth momentum, good flow of offshore liquidity through debt and capital markets, and rock-solid stability in money markets, despite the fiscal deficit. Markets have fared well since the July policy, with a decent rally in the stock market, appreciation of the rupee and stable bond yields.
The reversal begins28-OCT-09
As was widely expected, the second-quarter review of the monetary policy for 2009-2010 came with no surprises, as the Reserve Bank of India (RBI) chose to continue its accommodative monetary policy, with no changes in key policy rates.
Higher provisioning may hit bank funding, fear realtors27-OCT-09
The RBI's decision to hike the amount that banks have to keep aside for advances to commercial realty could hamper funding to the sector and force banks to raise interest rates, some players said.
RBI relaxes branch licensing, biz correspondent norms27-OCT-09
To increase banking penetration and promote financial inclusion, the Reserve Bank today relaxed branch opening norms for lenders while allowing more entities to work as business correspondents.
Hike in SLR not to have significant impact, say top bankers27-OCT-09
Bankers today said that the increase in the statutory liquidity ratio (SLR) limit would not impact the liquidity in the banking system in any significant manner.
RBI moves to contain inflation without hurting growth27-OCT-09
Aiming to tackle inflationary pressures, the Reserve Bank today increased a key statutory deposit ratio for banks by one percentage point to 25 per cent but the move is not expected to push interest rates up.
RBI leaves key rates unchanged, hikes SLR by 1%27-OCT-09
The Reserve Bank of India today in its quarterly review of the Credit Policy left key rates unchanged.
RBI likely to start hiking rates by April 2010: Citi28-SEP-09
The Reserve Bank is likely to reverse its soft rate regime by as early as April next year and increase its key policy rates by 125 basis points each by 2010-end due to rising food prices, global financial major Citigroup has said.
Nikon to go 'aggressive' on brand visibility09-SEP-09
Digital imaging equipment maker Nikon plans to go "aggressive" with its marketing campaigns as it looks to take on rivals like Canon and Sony for brand visibility and gain better growth momentum in the country.
Short-term bills to help govt meet cash flow gap11-AUG-09
Bills can be tradable; have less than 91 days maturity.
Repayment of 11.50% IDBI SLR Bonds 2009 (54th Series)10-AUG-09
Investors holding the bonds in the form of Promissory Notes (PNs) may tender the bonds at the concerned branch of IDBI Bank Ltd. where they were last enfaced, before September 07, 2009, to facilitate repayment in time.
IDBI Bank announces repayment of 11.5% SLR bonds10-AUG-09
No interest will accrue on the bonds after September 25,2009 and the book closure of the 54th series will be observed with effect from August 26,2009, a bank press release said.
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