KEY HIGHLIGHTS The 10-year Indian government bond yield Increases 2.85% to 6.140% from 5.965% in the week gone by. US 10 year benchmark decreases to -11.48% as compared to 0.636% in the previous week. RBI Governor Shaktikanta Das said the central bank has not exhausted its ammunition to deal with the pandemic-induced stress. The Centre…
ICICI Bank is a leading private sector bank in India. The Bank’s consolidated total assets stood at Rs. 13.77 trillion at March 31, 2020. ICICI Bank currently has a network of 5,324 branches and 15,688 ATMs across India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers…
Indian Market Outlook: The Key benchmark indices rose over 2% over the week led by rally in financial stocks. Financials rallied as the Federal Reserve of the United States of America announced a policy shift that will keep interest rates low. The Fed will seek to achieve inflation averaging 2% over time. Nifty ended the…
We are pleased to inform you about the Sovereign Gold Bonds 2020-21 Series VI issuance calendar as decided by Government of India, in consultation with the Reserve Bank of India. They are denominated in grams of gold and can be purchased instead of physical gold. Investors can invest in Sovereign Gold Bond Scheme 2020-21 Series VI…