Latest Updates Around The World
Jana Small Finance Bank reported a 91% decline in third quarter net profit at Rs 10 crore compared to Rs 111 crore in the same period last year, due to higher provisioning and other operating expenses.The bank has projected fourth-quarter net profit at Rs 140-160 crore, with the help of lower credit costs. Meanwhile, it […]
Mumbai: The Reserve Bank of India (RBI) on Monday injected ₹50,000 crore into the banking system through an open market purchase auction, with participants bidding more than double the notified amount. Participants offered ₹1.22 lakh crore for a notified amount of ₹50,000 crore in the open market operations (OMO), with the 6.64% GS 2035 paper […]
Indian government bonds fell on Friday after a weak auction revived supply concerns, with traders wary of the January-March borrowing calendar due later in the day.The benchmark 10-year yield stood at 6.6062%, up from 6.5818% on Thursday. This week, interest rates rose by 4.5 basis points. Bond yields rise when prices fall.New Delhi sold 320 […]
Indian government bonds held steady in early deals on Wednesday, with the 10-year yield anchoring below the key 6.50% mark amid heightened expectations for a rate cut next week. The benchmark 10-year yield stood at 6.4937% at 10:15 am IST. During the previous session, it ended at 6.4984%. Bond yields rise when prices fall. Bonds […]
