Anup Roy
Anup Roy
Page 42 - Anup Roy
Not supportive of bureaucratic process for selecting governor: D Subbarao
Interview with Former governor, RBI
 "Not supportive of bureaucratic process for selecting governor: D Subbarao")
Firms queue up to raise money through bonds
Rates at 3-year low; companies raised Rs 31,193 cr from market this financial year
 "Firms queue up to raise money through bonds")
India's import cover improved to 10.9 months in March
This is because of the foreign exchange reserves improved from $350.3 billion to $360.18 billion in between September 2015 and March 2016
 "India's import cover improved to 10.9 months in March")
Currency dealers say remarkable rupee stability can be misleading
Indian rupee has been trading in and around 67 a dollar level in the last 10 trading sessions
 "Currency dealers say remarkable rupee stability can be misleading")
Kotak Mahindra Bank Q1 net rises 291% to Rs 742 cr
Management says bank returning to its former efficiency parameters
Capital infusion won't solve banks' woes, say analysts
Timing good but money not enough for lenders to grow business
 "Capital infusion won't solve banks' woes, say analysts")
Govt infuses Rs 23,000 cr to recapitalise 13 PSBs
75% of earmarked capital will be released immediately; rest linked to performance to be allocated later
 "Govt infuses Rs 23,000 cr to recapitalise 13 PSBs")
Rupee needs to remain strong to fight import-led inflation, say experts
The concept of REER is used to gauge a currency's strength vis-a-vis its trading partners or export competitors after adjusting for inflation, expressed as an index
 "Rupee needs to remain strong to fight import-led inflation, say experts")
RBI fixes gold bond issue price at Rs 3,119 per gram
The rate was fixed based on the average of closing price of gold of 999 purity for the week July 11 to 15
 "RBI fixes gold bond issue price at Rs 3,119 per gram")
I paid the price for asserting RBI's autonomy: Subbarao
In his book, former governor says Chidambaram, Pranab were piqued by his tight rate policy; refused extension to two deputies
 "I paid the price for asserting RBI's autonomy: Subbarao")
Bad data led to bad decisions: Subbarao
RBI often wrong-footed due to questionable data, says former governor
 "Bad data led to bad decisions: Subbarao")
Reserve Bank to issue fourth tranche of gold bonds
Application for the bonds will be accepted on July 18- 22, the central bank said
 "Reserve Bank to issue fourth tranche of gold bonds")
HDFC raises Rs 3,000 cr via India's first masala bonds
86% was taken by Asian investors, remaining was claimed by European ones
 "HDFC raises Rs 3,000 cr via India's first masala bonds")
Subbarao, Rajan and a monetary crisis
According to Subbarao, the pressure on the currency was inevitable and blaming the global developments could be an easy way out
HDFC's masala bonds subscribed three times so far
The issue is expected to close by Thursday afternoon or Friday morning
 "HDFC's masala bonds subscribed three times so far")
Brexit wary investors turn focus on Indian debt
NTPC, REC and Power Finance Corp have also given the mandate to investment bankers to explore the European market
 "Brexit wary investors turn focus on Indian debt")
IDFC Bank snaps up Grama Vidiyal Microfinance
This is a first-of-its-kind transaction where a bank has taken over a microfinance institution (MFI) and made it a subsidiary
 "IDFC Bank snaps up Grama Vidiyal Microfinance")