One-year CD rates hit 24-month high at 10%
Yields on one-year certificate of deposit rates have touched a 24-month high of 10% as the Reserve Bank of India raised its key policy rates.
Ruchira Roy
Egypt crisis likely to keep Rupee under pressure
Moreover, there could be some impact on the rupee on account of the rising global crude and other commodity prices.
Rate hikes may squeeze bank margins in January-March
Banks are expected to take the cue from the RBI which signalled higher interest rates when it raised benchmark policy rate at last week's annual policy review.
Banks borrow big again, stoke liquidity worries
Tight liquidity condition is back into the system after easing for a few days in early January.
Short-term interest rates fall with rise in liquidity
Interest rates on the 3-month certificate of deposit, or CD rates, dropped to 8.73% from the previous close of 9.05%. One-year CD rates slipped to 9.48%.
Rupee fails to match Asian peers’ surge against dollar in 2010
An analysis of various Asian currencies that moved against the dollar showed that the rupee gained 3.4% against the dollar in 2010.
Rate hike fears take overnight benchmark index to 2-yr high
Overnight interest rate swaps have risen to two-year high, as the benchmark 5-year OIS touched 7.72%, the highest since October 2008, on fears of another round of rate hike by RBI.
Repo trade in corporate bonds takes off
Repo trade in corporate bonds has taken off with ICICI Securities Primary Dealership (I-Sec PD) striking the first and the sole deal in the day.
Commercial Paper rates hit 11-mth high as fund fight intensifies
Tight liquidity, despite the Reserve Bank of India's emergency easing measures, is manifesting itself in higher borrowing costs for corporates.
Gilt volumes drop on tight liquidity
Banks on Monday borrowed a whopping Rs 1,30,005 crore from the central bank through its liquidity adjustment facility, or the LAF window.
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