RBI introduces new interest rate benchmarkThe Reserve Bank of India (RBI) is launching a new interest rate benchmark, the Secured Overnight Rupee Rate (SORR), to better reflect mone...
07 Dec, 2024, 09.34 AM IST
New benchmark may need new trading platformThe RBI may shift to a new benchmark for interest rate derivatives, the secured overnight rupee rate (SORR). Market participants suggest la...
14 Oct, 2024, 12.05 AM IST
RBI releases report calling for changing MIBOR methodology, launch of new benchmarkThe Reserve Bank of India on Tuesday released a report recommending changes in methodology of the Mumbai Interbank Outright Rate (MIBOR) wh...
02 Oct, 2024, 08.52 AM IST
PSBs lean less on OIS as a hedgeon uncertain local rate outlookState-owned banks are reducing their reliance on derivatives to hedge domestic interest rate risks, with a notable decline in the market sh...
11 Jun, 2024, 07.57 AM IST
Overnight rates refuse to fall in line with RBI's rate movesOver the past month, the call rate has hovered around 6.75%, 25 bps higher than the benchmark policy repo rate. The call market is an uncol...
12 May, 2023, 05.44 AM IST
MIBOR anyone? Something is not okay hereEvery morning, MIBOR is calculated on the basis of traded rates of a dozen banks in the first hour of the market. But as the day progresses...
31 Jul, 2020, 08.49 AM IST
Should you take loans linked to benchmarks other than repo rate? Which banks offer these?According to the RBI Monetary Policy Report, 36 banks out of 62 banks have adopted repo rate as an external benchmark whereas six banks hav...
24 Apr, 2020, 03.09 PM IST
Allahabad Bank lowers external benchmark-linked loan pricingThe Asset Liability Management Committee (ALCO) of Allahabad Bank on Saturday announced a cut of up to 40 basis points in interest rate on ...
29 Feb, 2020, 04.20 PM IST
BSE gets nod to launch interest rates futures on overnight MIBORMIBOR rate is based on trade-weighted interbank call money transactions on the Negotiated Dealing System call platform of CCIL between 9 am...
27 Mar, 2019, 10.21 PM IST
NSE launches futures on overnight call rateMibor (Mumbai Inter-Bank Offer Rate) is the interest rate at which banks borrow from another for short term purposes.
03 Dec, 2018, 10.38 PM IST
DHFL to raise up to Rs 12K crore; NCD issue opens on TuesdayThe firm is targeting 30% growth in loan disbursements in the current financial year.
21 May, 2018, 08.49 PM IST
India readies daily benchmark gauges for rates“FBIL will start publishing the MIBOR-OIS rates with effect from 2nd April 2018,” FBIL said in a release.
14 Mar, 2018, 09.03 PM IST
Shaken by London Interbank Offered Rate scam, India to tweak key rate in JulyA month from now, Indian banks and bond houses will start dealing with a new Mibor that regulators believe would be less prone to bias or m...
18 Jun, 2015, 06.21 AM IST
- Rate-fixing scam forces NSE, dealers to find ways to improve rate calculation method
Last year, RBI came out with a cryptic communique, the implications of which were lost beyond the money markets of Nariman Point, Bandra.
05 Jul, 2012, 03.13 AM IST
- Money & bond market: Easing inflation will provide breathing space on liquidity
Money and bond market will pass through the most crucial week. Domestic fundamentals have improved with signs of reversal in inflation , th...
13 Dec, 2010, 04.50 AM IST
- Rate swaps lose hedging edge in a shallow market
Eight years ago, lenders and borrowers in India were allowed to deal in a new form of contract that allowed them to protect against the ris...
10 May, 2007, 04.27 AM IST
- Banks discontinue Mibor loans to shore up margins
With interest rate going up, banks have completely stopped one of the widely used corporate loan products.
01 Aug, 2006, 02.43 AM IST