ICICI Bank surges on the buzz of raising Rs 1,100 crore via bo...

MUMBAI: Bond Street is in a frenzy. Banks, funds and bond houses are buying gilts like they haven't for a long time, trading volumes have breached new highs, some are taking aggressive bets while those who sensed the party late are crashing in now.

* 10-year bond yield falls 7 bp to 7.39 percent * New Reuters snap poll shows more economists expecting rate cut in June * Five-year OIS at 6.72 percent, lowest since September 2011 By Neha Dasgupta MUMBAI, May 16 (Reuters) - Indian bond yields fell ...

The market will closely watch out for the auction of a new 10-year bond auction on Friday. Markets could consolidate around current levels in absence of fresh cues, says Sandeep Bagla, ICICI Securities Primary Dealership.

May 3 (Bloomberg) -- India cut interest rates for a third straight meeting to revive growth, extending the only reduction in borrowing costs among major emerging nations this year. Governor Duvvuri Subbarao lowered the repurchase rate to 7.25 ...

India News: MUMBAI: Repo rate, the rate at which the RBI lends to banks, is cut to 7.25%, from 7.5% earlier. All other rates such as the reverse repo, the rate which the RBI pays banks for depositing excess funds, the penal interest rate and the ...

India's central bank cut its benchmark interest rate by 25 basis points on Friday for the third time since January, as expected, as growth slows and inflation ebbs, but said there is little room to ease monetary policy further, disappointing ...

MUMBAI: Tata Sons, the holding company of India's Tata Group, plans to raise at least 3 billion rupees ($55.17 million) via two separate bond deals, a source with direct knowledge of the matter said on Thursday. The firm will issue 5-year and ...

New Delhi: A parliamentary panel Tuesday raised objections on Coal Mines Provident Fund Organisation (CMPFO) not parking a huge Rs 45,886.45 crore with the public sector banks and also said the issue of deviation from norms should have been referred ...

The recent fall in commodity prices might not be sufficient to bring down the country's widening current account deficit (CAD). Experts say more is needed for a significant change in this regard. The Reserve Bank of India (RBI) views the high CAD as ...