The RBI said, rupee bond route will open an additional avenue to raise funds for banks
The system liquidity was again drying up fast in October but the central bank quickly stepped in to buy bonds from banks
Trading volume in bond markets, at an average of about Rs 30,000 cr now, is only about 60% of the usual volume
According to a senior banker with a foreign bank, the CDS spread has remained flat because there was no question of a default
IRFs are also available on dated securities between four years and eight years, and 11-15 years
HDFC Bank, Kotak Mahindra Bank and Federal Bank report healthy bottom line growth in September quarter
Data of about 3.2 million cards have been compromised
DIAL's bond issuance opened and closed on Thursday and bears a coupon of 6.125%
Repo rate cut 25 bps to six-year low of 6.25%; unanimous decision by new monetary policy committee; India Inc hails move, all eyes on banks
MPC has been tasked with deciding benchmark interest rates, which the RBI governor did so far
Corporate bond market needs to be developed to finance the capital needed for huge amount
MPC will meet on Oct 3 & 4, before announcing rates at 2.30 pm on Day 2
Asks them to ensure speedy sanctioning and disbursal of loans within specified time limits
Chided banks for publishing photos of defaulters & guarantors in newspapers even as they may or may not be categorised as wilful defaulters going by RBI's methodology
Rupee opened at 66.44 a dollar level but was already under some pressure as US dollar strengthened against major global currencies
Wants to appoint non-official directors
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Estimates for the OMO vary between Rs 50,000 crore and Rs 1,50,000 crore. So far the central bank has already done OMO purchases of Rs 1 lakh crore