Cost to protect against default by banks surges 20%Credit Default Swaps (CDS), an insurance against default, tied to ICICI Bank and State Bank of India are now at levels last seen during the...
29 Apr, 2021, 07.13 AM IST
ICICI Bank & SBI risk swap rates rise offshoreBoth SBI and ICICI Bank have been declared as systemically important banks by the central bank.
12 Mar, 2020, 11.27 PM IST
CDS data hint at upside for lendersThis suggests overseas investors expect banks to only get financially sounder from here, said analysts.
05 Dec, 2019, 07.54 AM IST
ICICI Bank’s dollar CDS soars to highest in 2 yearsOne-year contracts of CDS act as a shield against default on outstanding debt securities.
12 Oct, 2018, 09.50 AM IST
Risk premium rises for ICICI bond investorsInvestor sentiment is generally weak for banks that are either facing a bad loan crisis or battling allegations against their top brass.
20 Jun, 2018, 07.51 AM IST
Lower funding costs could add 3-4% to earnings growthAnalysts had earlier estimated 11% and 21% earnings growth for current and next fiscal.
18 Nov, 2017, 03.18 PM IST
- Shorts surge on ICICI Bank on bad loan fears
Short positions in ICICI Bank stock futures surged after the five-year credit-default swaps on the lender rose 88 basis points to 483 point...
14 Dec, 2011, 01.32 AM IST
- Fund-strapped banks offer 9.2% on 1-yr paper
Fund-starved commercial banks are raising one-year money at rates higher than the returns on 10-year public sector bonds.
08 Dec, 2010, 01.09 AM IST
- Banks vie to mop up corporate deposits
Bidding for large corporate deposits (CDs) has made a strong comeback with banks paying more for bulk deposits than for retail funds, where...
07 Dec, 2010, 11.53 AM IST
- Indian banks put bond issues on hold
The turmoil in the international market has made it difficult for Indian banks to raise money overseas.
06 Feb, 2010, 01.25 AM IST
- Banks rush to sell CDs; expect rates to decline
Activity in the money market is intensifying with banks expected to queue up to sell their certificate of deposits (CDs) in the coming days...
13 Apr, 2009, 01.10 AM IST
- Banks breathe easy as liquidity woes wane
The worst seems to be over for Indian banks, at least as far as overseas borrowings are concerned.
30 Dec, 2008, 02.49 AM IST
- Commercial paper, CDs gain popularity as liquidity tightens
As cash conditions get tighter, the short-term money market is seeing a surge in issuances of commercial paper (CP) and certificates of dep...
25 Jul, 2008, 01.49 AM IST
- BoB to set aside funds to offset losses
A day after ICICI Bank announced its mark-to-market loss due to credit derivatives exposure, Bank of Baroda (BoB) has clarified that it wil...
06 Mar, 2008, 12.53 AM IST
- Credit default swaps of Indian firms come at a premium
Credit default swaps of ICICI Bank, Reliance Industries and Tata Industries, has moved up when the Sensex touched the 17,000-mark.
06 Oct, 2007, 02.42 AM IST
- UBS' subprime report gives ICICI a scare
UBS Securities released a report on Tuesday, which said that India’s biggest private sector bank, ICICI Bank, is exposed to the US subprime...
08 Aug, 2007, 05.08 AM IST
- Subprime rout makes Indian CDs expensive
State Bank of India’s credit default swaps (CDs) saw a sudden spurt in activity, with prices moving up by more than 100% over the previous ...
07 Aug, 2007, 05.40 AM IST