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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