Bonds in India Set for Rout on Unexpectedly Hawkish RBI Minutes

RBI Pause on Interest Rate Hike May Last Only Till December

Gold Silver Reports (GSR) – The 10-year bond yield may climb by as much as 10 basis points, according to Vijay Sharma, New Delhi-based executive vice president for fixed-income at PNB Gilts Ltd. One-year interest-rate swap rose three basis points Thursday to 6.51 percent, the highest since March 9.                 

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RBI delaying year-end bonuses to the heads of top private banks — HDFC, ICICI and Axis Bank

RBI Gold News

Gold Silver Reports (GSR) – RBI delaying year-end bonuses to the heads of top private banks — HDFC, ICICI and Axis Bank — Chief executive officers at HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. —the nation’s largest private lenders by assets — are among bankers yet to receive bonuses for the financial year ended 31 March 2017, as the Reserve Bank of India hasn’t signed off on the proposed payments, the people said, asking not to be identified as the information is private. They declined to give further details. Business Standard newspaper had previously reported the delays.                               

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RBI On Developmental & Regulatory Policies

RBI On Developmental & Regulatory Policies 📌 Mandatory loan component in working capital facilities. 📌 Not necessary to activate counter cyclical capital buffer at this point. 📌 All payments …

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