Cd Rates

HDFC Bank, Axis Bank and Canara Bank on July 22 issued near-three month CDs at a coupon of 5.60 percent, 5.62 percent and 5.52 percent, respectively, according to NSE data

Don't rule out 50bps hike by RBI on June 16, says StanChart

High inflation has led to speculations that the RBI will increase rates in the mid-quarterly policy review, due on June 16. However, Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank says there is an outside chance that the RBI might move in for a 50 basis points hike.

RBI likely to raise repo rate to 7.5% in 2011: Expert

All eyes are on the monetary policy review by the Reserve Bank of India on March 17. However, there is a growing concern that RBI may further hike rates in this year.

Where does StanChart see Re trading in short-medium term?

Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank, in an interview on CNBC-TV18 says the rupee has shown a reasonable amount of spirit to the dollar, even though the medium-term fundamentals are negative for our currency.

What is Nomura betting on post-budget?

Prabhat Awasthi of Nomura Financial Advisory is not so happy about the budget that was announced on 28 February. In an interview to CNBC-TV18, he said that even post-budget, we might actually get to where the market was expecting the borrowing programme to be.

Margins to be maintained from this quarter: ING Vysya

ING Vysya Bank has posted a net profit of Rs 83 crore in the December quarter of FY11. Its net interest income (NII) jumped to Rs 245.7 crore from Rs 220 crore (YoY).