Fixed Income News

10-yr yield seen between 8.16-8.20%: Suresh Prabhu  

15 Oct 2012, 8.25 am  |  Source: CNBC-TV18

August IIP and CPI numbers had minor impact on the bond market. I expect inflation to come in at 7.6% due to the revision of energy prices, says Sures...

High interest rates hurt everyone, says Chidambaram  

13 Oct 2012, 7.00 pm  |  Source: PTI

High interest rates hurt everyone, says Chidambaram...

India may cut withholding tax on rupee infra bonds: RBI  

12 Oct 2012, 6.00 pm  |  Source: Reuters

A reduction of the withholding tax on rupee infrastructure bonds from 20 percent to 5 percent is high on the government's agenda, the Reserve Bank of ...

IIP will not impact policy; RBI eyes inflation: HSBC   

12 Oct 2012, 1.09 pm  |  Source: CNBC-TV18

Manish Wadhawan of HSBC Bank believes the IIP number is more on expected lines, but a rate cut from RBI on October 30 cannot be predicted. He further ...

August IIP grows at 2.7% on low base effect  

12 Oct 2012, 11.01 am  |  Source: Moneycontrol.com

The Index of Industrial Production (IIP) for the month of August grew at 2.7 percent versus a paltry -0.2 percent (revised from 0.1) in July. In fact,...

See inflation at 7.8%; expect 50bps rate cut: Credit Suisse   

12 Oct 2012, 10.35 am  |  Source: CNBC-TV18

Robert Prior-Wandesforde of Credit Suisse believes there can be a downside surprise to the IIP numbers and expects inflation to be at 7.8 percent. ...

10-yr yield seen between 8.05-15% in near-term:Dhawal Dalal  

12 Oct 2012, 8.29 am  |  Source: CNBC-TV18

Bond prices are likely to remain rangebound ahead of the crucial September inflation data due on Monday, says Dhawal Dalal, DSP BlackRock Invst Manage...

ICICI Bank cuts home loan rates by upto 100 bps  

11 Oct 2012, 6.31 pm  |  Source: Moneycontrol.com

India’s largest private sector lender ICICI Bank is set to woo retail borrowers in a festival season. The lender on Thursday slashed its interest ra...

Everest Kanto redeems USD35mn zero coupon convertible bonds  

11 Oct 2012, 3.44 pm  |  Source: Moneycontrol.com

Everest Kanto redeems outstanding USD 35 mn zero coupon convertible bonds...

Banks may take upfront NPV hit on DISCOM bonds: CARE  

11 Oct 2012, 2.49 pm  |  Source: Moneycontrol.com

The current carrot-and-stick scheme announced by the Central government to State power distribution companies is an attempt to restore power purchasin...

10-year yield seen between 8.14-8.17%: Mohan Shenoi  

11 Oct 2012, 8.34 am  |  Source: CNBC-TV18

Bond market is expected to be cautious on account of higher crude prices and ahead of the IIP data tomorrow which is likely to come in at 0.80%, says ...

10-year yield seen between 8.10-8.20%: Ramanathan K  

10 Oct 2012, 8.36 am  |  Source: CNBC-TV18

A combination of poor growth and high inflation will continue to keep the markets guessing on the probability of a rate cut in the Oct policy, says Ra...

Credit enhancement fund to guarantee bonds in mkt: IIFCL   

09 Oct 2012, 12.57 pm  |  Source: CNBC-TV18

SK Goel, CMD of IIFCL said the company is starting the credit enhancement facility whereby it is starting the first project which will guarantee bonds...

Bonds currently in range with bullish bias: Sandeep Bagla  

09 Oct 2012, 8.26 am  |  Source: CNBC-TV18

IMF cutting global growth estimates could be bond supportive. Bonds are currently in a range with a bullish bias, says Sandeep Bagla, ICICI Securities...

NPA woes: Why banks are not selling bad loans  

08 Oct 2012, 3.58 pm  |  Source: Moneycontrol.com

Escalating bad loans have not yet made a strong case for banks to sell their distressed portfolios to asset reconstruction companies (ARCs). Almost ev...

SEBI's guidelines on sec cap for funds can impact NBFC& HFC  

05 Oct 2012, 6.02 pm  |  Source: Moneycontrol.com

New SEBI guidelines on sectoral investment caps for funds could impact funding costs for HFCs and NBFCs adversely....

OBC lowers rates for term deposits up to Rs 1 crore  

05 Oct 2012, 4.02 pm  |  Source: PTI

Oriental Bank of Commerce today lowered interest rates by 0.10 per cent for term deposits between Rs 15 lakh and Rs 1 crore of various maturities. The...

Muthoot Finance extends NCD issue closing date to Oct 22  

05 Oct 2012, 9.49 am  |  Source: Business Line

Muthoot Finance today said it has extended the closing date of its non-convertible debentures (NCD) issue to October 22....

Bonds likely to remain rangebound: Sandeep Bagla  

05 Oct 2012, 8.26 am  |  Source: CNBC-TV18

Bonds are likely to remain rangebound. Bond auctions worth Rs 13000 cr today are likely to see good interest. Markets will closely watch out for infla...

Cabinet clears 49% FDI in insurance and pension  

04 Oct 2012, 6.14 pm  |  Source: CNBC-TV18

The cabinet has cleared 49% foreign direct investment (FDI) in insurance and pension, reports CNBC-TV18. Currently, no foreign investment is allowed i...

IFCI board approves conversion of Rs923cr bonds into equity  

04 Oct 2012, 4.20 pm  |  Source: PTI

IFCI today said its board has decided to proceed with the conversion of Government of India bonds worth Rs 923 crore into equity....

10-yr yield seen between 8.13-8.16%: Mohan Shenoi  

04 Oct 2012, 8.30 am  |  Source: CNBC-TV18

Increased liquidity, easing crude prices, stronger rupee and expectations of a cut in policy rates is having a positive impact on bonds, says Mohan Sh...

Banks' credit rises over 16% y-o-y, deposits up at 14%  

03 Oct 2012, 7.59 pm  |  Source: Moneycontrol.com

The non-food credit or the amount banks lend to individuals and companies rose more than 16% year-on-year to around Rs 46.74 lakh crore for the fortni...

10-yr yield seen between 8.10-8.20%: Ramanathan K  

03 Oct 2012, 8.28 am  |  Source: CNBC-TV18

Yields are likely to inch marginally lower supported by an appreciating rupee and expectation of a rate cut in the October policy, says Ramanathan K, ...

To consider relaxing insurers' debt investment rules: FM   

01 Oct 2012, 2.42 pm  |  Source: CNBC-TV18

After meeting the CEOs of various insurance companies last month, the Finance Minister has announced a slew of reforms to revive the sector, reports C...

10-yr yield seen between 8.15-8.20%: Suresh Prabhu  

01 Oct 2012, 8.34 am  |  Source: CNBC-TV18

Sovereign bonds worth Rs 2000 billion will be issued in H2. However, the supply pressure will be offset by liquidity infused through OMO, says Suresh ...

10-yr yield seen between 8.1-8.2% in near-term:Dhawal Dalal  

28 Sep 2012, 8.31 am  |  Source: CNBC-TV18

Bond prices are likely to react positively to the recently announced H2 borrowing calendar and the government's intention to contain fiscal deficit, s...

KFA fails to assure banks, next meet by Oct end  

27 Sep 2012, 8.48 pm  |  Source: Moneycontrol.com

Vijay Mallya owned Kingfisher Airlines failed to assure its lenders with any 'concrete' solution for repayment of debt in a meeting held on Thursday. ...

10-year yield seen between 8.16-8.19%: Mohan Shenoi  

27 Sep 2012, 8.27 am  |  Source: CNBC-TV18

The bond market is likely to be cautious ahead of the H2 borrowing calendar due today and the regular weekly auction tomorrow, says Mohan Shenoi, Kota...

Are FMPs better than bank FDs?   

26 Sep 2012, 2.36 pm  |  Source: CNBC-TV18

Quite often investors think Fixed Maturity Plans and Fixed Deposits are alike but there are some distinct differences. Pankaj Mathpal of Optima Money ...