Money markets to remain open on all Saturdays: RBI

Last Updated: Friday, August 28, 2015, 19:22

With government declaring the second and fourth Saturdays as public holiday for banks from September 1, RBI on Friday said that all money market segments will continue to remain open on all Saturdays.

Mutual funds gather Rs 2 lakh crore in Apr-Jul FY'15

Last Updated: Sunday, August 9, 2015, 14:26

Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16, with equity and money markets contributing the most.

Bonds surge, call rates end lower

Last Updated: Thursday, May 28, 2015, 19:06

The overnight call money rates ended lower at 7.60 percent from yesterday's closing level of 7.65 percent. It moved in a range of 8.20 percent and 7.05 percent.

Bonds decline, call rates end lower

Last Updated: Friday, May 15, 2015, 20:10

The 8.40% government security maturing in 2024 slipped to Rs 102.90 from Rs 102.9525 previously, while its yield move-up to 7.95% from 7.94%.

Xiaomi enters money market fray with Huoqi Bao service

Last Updated: Tuesday, May 12, 2015, 21:47

Chinese smartphone maker Xiaomi Inc waded into China`s red hot online finance arena on Monday with a new money market fund to compete against the likes of tech rivals Alibaba Group Holding and Tencent Holdings.

Conduct stress test regularly on money market schemes: Sebi to MFs

Last Updated: Thursday, April 30, 2015, 18:03

To safeguard mutual fund industry from possible defaults, market regulator Sebi on Thursday asked them to conduct stress test on all liquid and money market schemes every month.

SEBI asks asset managers to set up monthly stress tests

Last Updated: Thursday, April 30, 2015, 16:24

The Securities and Exchange Board of India (SEBI) on Thursday asked asset managers to conduct monthly stress tests on their liquid and money market mutual funds in a bid to improve risk management across the sector.

BlackRock to close or combine some money-market funds: Report

Last Updated: Tuesday, April 7, 2015, 08:41

BlackRock Inc , the world`s largest money manager, will close or consolidate some money-market funds as the company responds to recent regulatory reforms, the Wall Street Journal reported.

Confusion on RBI Act changes to be cleared in House: FM Jaitley

Last Updated: Saturday, March 7, 2015, 20:29

Jaitley did not elaborate on this and also parried questions on tax issues related to foreign portfolio investors (FPIs).

RBI permits banks to re-issue G-Sec under repo window

Last Updated: Thursday, February 5, 2015, 20:33

The Reserve Bank on Thursday permitted banks and other market participants to re-issue government securities with the objective of developing the term repo or money market.

Bonds slip, call rates end lower

Last Updated: Thursday, January 1, 2015, 18:52

The 8.40 per cent 10-year benchmark bond maturing in 2024 dropped to Rs 103.4425 from Rs 103.61 previously, while its yield rose to 7.88 per cent from 7.86 per cent.

US fed funds rate hit highest since April 2013

Last Updated: Tuesday, December 2, 2014, 21:41

A key overnight borrowing cost for US banks reached its highest level since April 2013 on Monday after the Federal Reserve raised an interest rate on a test program aimed to hit its rate target when it decides to tighten policy, Fed data showed.