Financial Daily from THE HINDU group of publications
Monday, October 06, 2003
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Financial Daily from THE HINDU group of publications Monday, October 06, 2003 |
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MONEY & BANKING LIFE INSURANCE INSURANCE CORNER ICICI Pru SmartKid — Unit-linked plan PUBLIC SECTOR BANKS INTEREST RATES Stay long bonds for now There is no denying the fact that there are definitive repo rate cut expectations in the market. The one-year OIS and T-bills below the repo rate are clear pointers to such expectations. More GOVT BONDS Liquidity build-up affects T-bill auction yields Bankers said that foreign currency inflows, particularly on the current account, would continue to have a substantial impact on the gilt markets. More CREDIT MARKET Bank credit up by Rs 2,642 cr BANK credit has gone up by Rs 2,642 crore to touch a cumulative of Rs 7,35,546 crore for the fortnight ended September 19. In the previous fortnight the jump had been by Rs 5,660 crore. There was a jump of Rs 6,783 crore to Rs 6,98,081 crore, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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