Diverse concerns over debt market

The current account deficit in the country’s balance of payments and the rate of price inflation will continue to worry the debt market in the next financial year (2013-14).Hence, the pace of......

Market sees RBI cutting rates 50 bps by Sep

The government’s seriousness about narrowing its fiscal deficit, coupled with the weak gross domestic product numbers, might prompt the Reserve Bank of India to cut interest rate later this......

Banks hasten for short-term deposits

With around Rs 1 lakh crore (Rs 1 trillion) of deposits to mature by December, banks have begun hastening the search for short-term sources of funding.Fund managers say banks raised close to Rs......