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  1. Business News
  2. Authors
  3. samiemodak

Samie Modak

Credit growth below 17% for first time in ?11

Non-food credit growth ? loans given by banks to companies and individuals ? slipped below the 17% mark for the…

By Samie Modak
December 29, 2011 00:36 IST
Bond markets rally; expect liquidity support from OMOs

Bonds rallied on Friday with the yield on the 10-year benchmark bond falling sharply after the Reserve Bank of India…

By Samie Modak
December 17, 2011 02:11 IST
Primary dealers raise commission after string of flop bond auctions

With just one out of the seven auctions for gilts held between September and November having gone through successfully, primary…

By Samie Modak
December 2, 2011 00:30 IST
FIIs lap up quotas to buy gilts, corporate bonds

Foreign institutional investors on Friday lapped up quotas to buy both gilts and corporate bonds as Sebi successfully auctioned about…

By Samie Modak
December 1, 2011 22:23 IST
Bond yields drop on RBI buyback, raising of FII cap

Optimism returned to the bond markets on Thursday, following the government?s move to raise the ceiling for foreign institutional investor…

By Samie Modak
November 18, 2011 02:57 IST
Religare NCD debuts at discount, joins peers in struggle

With interest rates expected to remain high, non-convertible debentures of Religare Finvest listed at a discount on Tuesday, joining a…

By Samie Modak
September 28, 2011 00:44 IST
Tough for rupee to break long-term range

Hitendra Dave, MD, head of global markets, HSBC India, believes the central bank should go with a 25 bps hike…

By Samie Modak
September 14, 2011 00:34 IST
Credit relief: CD rates fall below 9%

With credit offtake still muted and deposits growing at a fairly brisk pace, banks are able to borrow at fine…

By Samie Modak
September 6, 2011 02:44 IST
Banks favour three-month CDs

The short-term certificates of deposit market has seen a spike in coupons with banks preferring to borrow only for the…

By Samie Modak
August 19, 2011 22:44 IST
Banks go for cash management bills

Cash management bills issued by the Reserve Bank of India are being favoured by banks to park their surplus liquidity…

By Samie Modak
August 11, 2011 02:09 IST
Credit growth slows to a trickle, banks take a hit

Even without the Reserve Bank of India wanting banks to lend at a slower pace this year, credit growth is…

By Samie Modak
July 28, 2011 01:00 IST
10-year yields up 10 bps on 50 bps hike

The yield on the 10-year benchmark bond shot up by 10 basis to breach the 8.40% level on Tuesday after…

By Samie Modak
July 27, 2011 21:52 IST
Non-food credit Q1 growth slows a tad at 3.4%

Credit growth appears to be moderating as money becomes costlier.

By Samie Modak
July 14, 2011 03:14 IST
Yields likely to soften post September

Parthasarathi Mukherjee, president, treasury and international banking, Axis Bank, believes the bond market may have seen the worst and yields…

By Samie Modak
June 14, 2011 20:29 IST
Lending rate hikes to slow down credit growth: Bankers

With almost every bank having increased lending rates by at least 50 basis points and the State Bank of India…

By Samie Modak
May 13, 2011 03:55 IST
I-bankers complain of Sebi taking too long to clear IPOs

Merchant bankers are unhappy with the time taken by market regulator, Securities and Exchange Board of India to give clearances…

By Samie Modak
May 12, 2011 00:37 IST
Investor appetite for IPOs still weak

Investor interest towards public issues continues to remain weak if the subscription figures for the over half a dozen initial…

By Samie Modak
May 5, 2011 01:10 IST
Sebi moots pre-call auction for IPOs

The market regulator Securities and Exchange Board of India is working towards curbing stock price gyrations in companies making their…

By Samie Modak
April 30, 2011 03:43 IST
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