Rupee steadies on RBI support
Mumbai: The rupee closed at 46.3750 per dollar, unchanged from previous day's close at 46.3750/3800 per dollar.
Forwards Market: The six-month forward closed at 2.40 per cent (2.35 per cent) while the twelve-month forward closed at 2.06 per cent (2.00 per cent).
G-Secs: The 10-year benchmark yield hardened by 18 basis points in a single day to a yield-to-maturity (YTM) of 6.31 per cent. The 7.37 per cent 2014 10-year benchmark paper closed at Rs.107.80 at close. The 7.38 per cent 2015 11-year benchmark paper fell to Rs.107.80.
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Bank of Rajasthan goes live with RTGS
Mumbai: The Bank of Rajasthan has announced that it has gone live with the Real Time Gross Settlement (RTGS), which enables instant transfer of funds between banks and institutions. To begin with the RTGS will facilitate on-line settlement of inter-bank transactions. In due course, it would extend the facilities all over the country by integrating its corporate financial branches.
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