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General

Karnataka Bank Offers NRE Deposits at 9.75%

After the recent deregulation of NRE rates – deposit rates for Non Resident Accounts – Karnataka Bank offers 9.75% for the “repatriable” (can take it ...
Charts & Analysis

Chart Of The Day: Long Term Market Cap To GDP

Market Capitalization to GDP isn’t really a comparable figure, since one is a measure of wealth and the other dynamic measure of transactions in a year. Yet, ...
Economy

WTF, Food Security Bill?

The recently introduced (not yet passed) food security bill has demonstrated that the government has officially lost the plot. The bill proposes a cost of less ...
Charts & Analysis

A 5 year home loan at 5.99%

Builders are having it tough, but a certain one, BPTP in the NCR region is offering a tie up with HDFC to give home loans at 5.99%. "BPTP…today ...
Premium

NRI Deposit Rates Deregulated

RBI has deregulated the interest rate on NRI deposits of one year or more. There are some ridiculous definitions for NRIs – they have to deal with “NRE”, ...
Commentary

Readings: Bank Risk, Carbon Credits, Kingfisher

Nine Lakh Cr. stuck in risky sectors, says Firstpost. Even a 10% loss on that will hugely hurt bank capital, but the figure is exaggerated. “There is an ...
Charts & Analysis

Scraping The Bottom Of the Returns Barrel

Well done, NSE Nifty. What can I say, when a picture is worth a thousand words?   Tough, tough ...
Economy

RBI Changes Nothing, Which Spooks Markets

The Reserve Bank of India (RBI) today changed nothing, which nowadays is a big event in the markets. In the mid-quarter policy review, RBI has said a lot of ...
Opinion

Protecting The Rupee By Freeing It

This is a repost of my article at Yahoo in December, 2011. The Rupee has breached new lows while the dollar continues to strengthen to Rs 54 and more. Indeed, ...
Opinion

The Downside of Hedging

PV Subramanyam of subramoney.com had this to say, on Facebook: Myth: When the currency gets weak, exporters make tons of profit. Reality: Clients just call up ...