The new bond was changing hands at 7.72 per cent.
Rajan was speaking at a news conference.
Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65
'Both IIP and CPI inflation numbers are showing a huge disconnect from the leading indicators.'
Axis Bank has reported a better-than-expected 18.4 per cent increase in quarterly net profit.
ICICI Bank puts up a good show in Q4.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
Banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.
S&P warned about spending on subsidies and heavy government debt.
Sahoo panel suggests India must ease global borrwoging norms for corporate houses.
The RBI targets inflation at 6 percent by January 2016 and 4 percent for 2017/18.
Lenders fret over stubbornly weak credit growth and still high funding costs.
RBI governor Raghuram Rajan says a cut in cash reserve ration will not at all impact lending rates.
India's state banks are under pressure to improve profitability.
State-owned banks have amassed bad loans faster than private sector lenders.
RBI moves to restrict bank exposure to corporate loans.
Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.
The SBI auction will be the biggest nationwide online sale.
Will RBI chief have the final say, in the form of a veto
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances