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Rupee continues strong run as securities dip
Mumbai: The rupee closed stronger at 45.85 against the greenback on Monday.

Forwards Market: The six-month forward closed at 2.17 per cent (2.14 per cent) while the 12-month forward ended at 1.88 per cent (1.83 per cent).

G-Secs:
Yield on the benchmark 10-year paper 7.37 per cent 2014 paper closed at 6.45 per cent, 7 basis points higher than previous close. The 11-year 7.38 per cent 2015 paper closed at a yield of 6.39 per cent.

Call Rates:
In the range of 4.55-4.65 per cent.


CBLO Market: 150 trades worth Rs 4,561.0 crore were transacted in the range of 4.50-4.65 per cent.
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ICICI Bank's launches "Everybody Wins"
Mumbai: ICICI Bank has announced, "Everybody Wins", a festival scheme for its debit and credit card holders.

According to the scheme, a refund of 5 per cent of purchase value will be given to each customer who makes a transaction worth Rs2,000. The offer is from October 1 to December 31 and have a maximum refund limit of Rs5,000.

ICICI Bank has a credit card base of 2.5 million.
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domain-B : Indian business : News Review : 5 October 2004 : banking and finance