An open letter to the RBI governor

Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das. IMAGE: RBI Governor Shaktikanta Das. Dear Governor, The day you took over as India's chief money......

Markets saddled with Rs 6,500-cr inflation bonds

  Reserve Bank of India said it had cancelled the buyback in consultation with the government. The Reserve Bank of India on Thursday decided not to accept any offer for the repurchase of Rs......

India gears up to launch interest rate futures

India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with......

Smart investors make 'dirty' gains in tax-free bonds

Some smart investors are taking advantage of ‘dirty’ pricing available on exchanges to amplify their returns on tax-free bonds. This practice has been rampant in bonds issued last......