The capital infusion plan for 2017-18 includes Rs 80,000 crore via recapitalisation bonds and Rs 8,139 crore as budgetary support. The latest round of the Ficci-IBA survey drew responses from 19 public sector, private and foreign banks representing 59% of the banking industry by asset size. The 6.68% G-Secs maturing in 2031 fell to Rs 92.69 from Rs 93.04, while its yield moved up to 7.55% from 7.50%. The 7.17% G-Secs maturing in 2028 dipped to Rs 99.25 from Rs 99.4150, while its yield rose to 7.28% from 7.25%. The 6.84% G-Secs maturing in 2022, the 8.27% G-Secs maturing in 2020 and the 8.20% G-Secs maturing in 2022 were also quoted lower to Rs 98.4750, Rs 103.00 and Rs 103.35 respectively.

Source: Economic Times January 25, 2018 02:33 UTC