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One after the other, Indian companies are introducing their deposit schemes in the market. Now it’s the turn of Tata Motors, India’s largest automaker, which came out with its deposit schemes on August 25. It is seen that though company deposits offer better returns, normally 1-2 per cent higher, than bank deposits, they do not [...]

The ‘Bond Street’ is flushed with corporate deposits with companies on a drive to raise capital from the market after a gap of seven years. Companies such as Tata Group, Pantaloon, Great Eastern, Edelweiss Cap, etc. have successfully mopped around Rs 10,000 crore from the market. But the question arises: are these issues more beneficial [...]

In its Annual Credit Policy on Tuesday, the Reserve Bank of India (RBI) announced a cut in repo rate — the rate at which the RBI lends short-term funds to banks — and reverse repo rate — the rate at which banks park surplus funds with the RBI — by 25 basis points each (i.e., 0.25 % [...]