Repo overnight borrowing is now nearly Rs. 2 trillion (200,000 cr.), which is 3% of “Net Demand and Time Liabilities” (which at last note was about 64 ...
The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) by 0.75% to bring it down to 4.75%. This, I think, is the lowest ever. In order to mitigate ...
Tamal Bandyopadhyay has a great article on the growing NPA situation in banks. While many public sector lender NPAs have gone up, the NPAs in private banks ...
In an attempt to unravel what’s happening with liquidity in India, let me explain a new concept called the Marginal Standing Facility (MSF). When you deposit ...
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”, ...
It’s nickel-and-dime time again, folks. HDFC Bank will now charge for anything if you snoop around their branches, so don’t step in to say hi to that ...
The Reserve Bank of India will buy 10,000 cr. of bonds in an OMO auction on Nov 24 (an Open Market Operations auction between RBI and Banks/PDs who offer bonds ...
…and the bank index fell nearly 3% yesterday. Moody’s, which is a rating agency and therefore likely to be completely clueless, took the Indian banking ...
Banks have gotten absolutely hammered in the last few days and it’s time to take on a short position as a solid support line has been breached; on the ...
