The stats that Bond Baba is looking at today: Rs. 90,00,000 crores (90 trillion) are in fixed deposits at banks. Of this, individuals own about Rs. 25,00,000 ...
The RBI has said, in a quick meeting note, that old notes worth Rs. 12.44 lakh crore have been returned to banks between November 10 and December 10. ...
Bonds got battered today. After RBI said no to a rate cut, bond yields rose. The 10 year was quoting at 6.17% and closed at 6.41% – a 0.24% increase in ...
RBI hasn’t cut rates at all. We were wrong. In the policy statement, the RBI has kept rates the same at 6.25% (Repo). The reverse repo rate is 5.75%. The ...
Sick of OTPs? RBI has a new notification. You can say NO to the One Time Passwords that you need to key in every time you do an online transaction, but only ...
The Nikkei Markit India Composite PMI (Purchasing Managers Index) shows a decline in November, to a contraction. The graph is like this: Above 50 is expansion, ...
Demonetisation has had an impact on the markets, for sure, with November being a lousy month and markets falling. In effect, the 10 year SIP return on the ...
The GDP data released recently by MOSPI shows growth at 7.3% in real terms (post inflation). This probably means little now that there is a big hit to the ...
