The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI
The concept of brick-and-mortar branches is fading fast, with consumers increasingly embracing technology for their basic banking needs
12 of 13 responded rupee to remain well within its record low level of 68.85/$
RBI has forex reserves of $352 billion
To grow assets under management from Rs 6,500 crore to Rs 50,000 crore in five years
RBI to allow computation of banks' base rates on the basis of marginal cost of funds
Linking interest rate on small savings schemes to market rates could be borderline impossible, for now
After opening at 66.9100 a dollar, rupee rapidly fell to 66.99 level
ECB stimulus move fails to enthuse global markets, strong demand for dollars from banks and importers
The bond carries an annual interest rate of 2.75% over and above the market price of gold at the time of maturity
Currently, close to 90% of bond issuances happen through the private route, which leaves little room for regulatory oversight
Could fall further on Fed moves and if China readjusts the yuan to deal with its own slowdown
Ready to ride out the storm
The 50-year old banker resigned from her position in ICICI Bank on Tuesday, after being with the bank, her first job, for 26 years
Global financial institutions have raised over Rs 4,000 cr so far this year from there through these instruments