Bps

The central bank has already announced to gradually withdraw its accommodative monetary policy stance.

Kotak Mahindra Bank hikes savings a/c rate by 50 bps for deposits of over Rs 50 lakh

Term deposit rates have also been increased by up to 0.25 per cent, the city-headquartered lender said in a statement.

RBI may go for a 'measured' cut next week: DBS

The report by DBS said, a 25 bps cut is largely factored in with few quarters also discussing the possibility of a more aggressive 50 bps cut, but there is little scope of a bunched up move.

Expect 25 bps rate cut by RBI in Q4 FY15: Societe Generale

Vivek R Misra, Strategist- Asian Equities, Global Research & Strategy at Societe Generale believes that RBI is likely to cut rates in Q4 of FY15. Federal Reserve's decision of keeping the rates unchanged is likely to weigh a bit on this and that could push the rate cut a bit forward. He expects 25 basis points (bps) rate cut by RBI in Q4.

Yields likely to harden 15-40 bps: Ramanathan K

Yields are likely to harden 15-40 bps on the unexpected and drastic measures announced by the RBI, says Ramanathan K, ING Investment Mgmt.

25 bps ECB rate cut will not change growth dynamics: Lloyds

The European Central Bank (ECB) on Thursday decided to lower its benchmark interest rate by 25 basis points to 0.50 percent. Trevor Williams, Chief Economist, Lloyds Bank told CNBC-TV18 that these cuts aren't going to make a huge difference to the underlying growth prospects.

10-year yield seen between 7.60-7.80%: Dhawal Dalal

According to Dhawal Dalal of DSP BlackRock Investment Managers, the market will watch out for RBI's statements and bias going forward for cues on further rate cuts.

Will continue to ouperform industry: CMC

After CMC improved its margins by almost 124 bps (YoY) in its operational profit and about 170 bps (YoY) in its profit after tax (PAT), R Ramanan, MD & CEO of the company says they will be operating between 15 percent and 17 percent margins for the company.

Would have preferred 50 bps cut in repo rate: Adi Godrej

In an interview to CNBC-TV18, Adi Godrej, chairman, Godrej Group and Confederation of Indian Industry (CII) president said that a 50 bps cut in repo rate would have been preferable because the RBI needs to stimulate growth at this time.

10-year yield seen between 7.85-7.95%: Ajay Manglunia

Yields have been correcting 2-3 bps everyday after the Credit Policy. They are likely to trade in a tight range on non clarity on further OMOs after the RBI Governor's statements, says Ajay Manglunia, Edelweiss.

Expect 25 bps cut in today's policy: Rohini Malkani

Lower interest rates could lead to a further diversion of financial savings into physical savings, which has resulted in deposit growth at historic lows, says Rohini Malkani, Citigroup.

Market to look for taking profits on 25bps rate cut: Rajpal

We expect a 25 bps Repo rate cut today, which is already priced in the markets, says Vivek Rajpal, Nomura.

Yields to be supported with downward bias: Ramanathan K

Yields will be supported with a downward bias given the impending monetary policy, says Ramanathan K, ING Invst Mgmt.

Yields likely to be rangebound: Ramanathan K

Yields are likely to be rangebound, given the rally of the past few weeks and the recent comments from the RBI governor on inflation, says Ramanathan K, ING Investment Mgmt.

10-year yield seen between 7.80-7.90%: Vivek Rajpal

After the RBI governor's comments, it is clear that a 50 bps rate cut is not on the cards and the RBI may cut rates by only 25 bps in the upcoming policy, says Vivek Rajpal, Nomura.

10-year yield seen between 7.75-7.85%: Vivek Rajpal

The RBI is likely to cut rates by 25 bps on Jan 29 as inflationary pressures are easing, says Vivek Rajpal, Nomura.

10-year yield seen between 7.90-8.05%: Ramanathan K

Yields are likely to remain well supported on the announcement of postponement of auction and continuation of OMOs, says Ramanathan K, ING Invst Mgmt.

Expect 25 bps rate cut, says Sajiid Chinoy, JPMorgan

We believe a 25 bps rate cut is likely today, though its remains a close call. In addition, given tight interbank liquidity, a 25 bps CRR cannot be ruled out to facilitate monetary transmission, says Sajiid Chinoy, JPMorgan.

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

Yields will remain rangebound given lack of any major local and global triggers, says Ramanathan K, ING Investment Management.

April-June current account deficit at USD 16.4 bn

India's current account deficit for the April-June quarter came in at USD16.4 billion, lower than another USD 17.4 billion in the first quarter of last year as well as lower than the USD 21.7 billion in the previous quarter, (Q4FY12).

RBI likely to remain on hold in its upcoming policy: Malik

The RBI is likely to remain on hold in its upcoming policy, despite government's move on diesel price hike as it is unclear if the govt will be forced to backtrack, says Rajeev Malik, CLSA.

Expects 50-75 bps rate cut call for the year:Rohini Malkani

May industrial production rose 2.4%, higher than ours and consensus estimates even as capital goods plunged to -16%., says Rohini Malkani, Citigroup.

SBI hopes CRR cut of 75-100 bps; KFA to repay loans

Ahead of RBI's monetary policy on June 30, SBI feels that CRR cut is the need of the hour and more relevant than a repo and a reverse repo cut.

Inflation to determine price action in bond mkt: Shenoi

The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%, says Mohan Shenoi, Kotak Mahindra Bank.

Expect 100 bps rate cut in 2-3 tranches: Bank of India

N Seshadri, ED, Bank of India, says that the current liquidity situation is slightly tighter than RBI‘s comfort level.