The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI, says Anup Roy.
Banks might hold on to lending rates for the time being.
With more than one million people affected by the current Ebola outbreak in West Africa, the World Health Organisation has warned that there is "no early end in sight" to the severe health crisis and called for "extraordinary measures" to stop the transmission of the disease.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
From the Syrian civil war to the Ukrainian crisis to the terror unleashed by the dreaded Islamic State, there was no lack of news in 2014. In this five-part series, rediff.com presents a selection of the year's most enduring moments year from around the world.
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
The scenic mountainous valley, which earlier bustled with presence of foreign tourists, now wear a deserted look. Kunal Dutt reports
Company claims new use for kala jeera extract, provoking alarmed campaigners here and abroad; says reaction not based on facts.
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