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LAKHSMI IYER
RBI hikes repo rate by 50 basis points: Debt mutual funds may be hitThe Reserve Bank of India hiked the repo rate or the rate at which it lends money to banks by 50 basis points (100 basis points = 1%) today.- It is a bad time for debt mutual funds, but it might be a good time to bet on arbitrage fundsThis is a good time to put money in arbitrage funds, considering the problems plaguing debt funds. Here is a look why these funds are a goo...
- Long duration funds top the return chart in three-month period. Should you invest?After a lull period for almost two years, the category seems to be staging a comeback.
- ICICI Bank and Axis Bank offer up to Rs 6,500 crore of bondsAn email sent to ICICI Bank remained unanswered until the time of going to the press.
- RBI advises government to buy back WPI-linked inflation indexed bondsThe Reserve Bank of India (RBI) has suggested to the finance ministry that the government buy back Inflation Indexed Bonds (IIBs) linked to...
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