Page 13 - Bhaskar Dutta

As RBI spreads out Fx interventions, forward premium hits 11-year lows

The central bank looks to protect headline reserves, deter offshore/onshore arbitrage on Rs with buy-sell swaps in forex market

What is the future course of action as per RBI MPC member Ashima Goyal?

Ashima Goyal was the only dissenting Monetary Policy Committee member who pitched for 35 basis point rate hike while RBI raised rates by 50 points. Business Standard's Bhaskar Dutta caught up with her

HDFC twins may merge a few months ahead of schedule: HDFC Bank CFO

HDFC Bank reported a 20.1 per cent year-on-year increase in net profit to Rs 10,605.8 crore in July-September

India's real rate shouldn't be more than 1%: MPC member Ashima Goyal

In a Q&A, she says interest differential with the US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market

HDFC Bank's net profit rises 20% YoY to Rs 10,605 cr in Q2, NII jumps 19%

For the quarter under review, HDFC Bank's net interest income, which is the difference between interest earned and interest expended, grew 18.9 per cent on-year to Rs 21,021.2 crore

A first in 9 weeks: Foreign exchange reserves rise by $204 million

Analysts said there was an increase in the forex reserves, even as the RBI did not discontinue shielding the rupee from excessive volatility through sales of the dollar

RBI norms on unhedged Fx exposure unlikely to impact banks much

In June, the RBI had said that of the outstanding ECBs of $180 billion, 44 per cent was unhedged

As MPC fails on CPI mandate, RBI's growth-inflation balance gets trickier

The central bank will now have to provide a report to the government explaining the reasons for the failure and the steps to be taken

RBI says regulated bodies can't get fresh ratings from Brickwork Ratings

Sebi carried out a series of inspections against Brickwork, which obtained its licence as a CRA in 2008, starting April 2014, which led to multiple adjudication proceedings against the firm

RBI asks banks to set aside capital, provisions for unhedged FX exposure

Move comes amid sharp depreciation in rupee; says losses incurred by entities with such exposure could affect health of banking system

Liquidity slips into deficit on high credit growth, festival loan demand

Banks face pressure to raise deposits; weighted average call rate highest in 3 years

RBI interventions, corporate flows pull rupee back from new low against USD

Rupee underperforms EM peers so far in Oct, fares worse than 14 currencies

Analysts see Q2 net profit growth of banks at 23% YoY, NII at 10%

The latest RBI data showed that as on September 23, bank credit grew at a nine-year high of 16.4 per cent on-year. Deposit growth lagged at 9.2 per cent

Rupee breaches 82 level vs dollar as Fed officials back rate hike view

RBI nudges banks to ease up on offshore FX positions

Cost of spending on digital transformations plateauing: HDFC Bk's Parag Rao

On Thursday, the bank launched a new one-stop solution application for merchants called the 'SmartHub Vyapar Merchant app'

10-yr yield logs steepest one-day rise in 2 mths amid index inclusion delay

Treasury officials also cited an increasingly uncertain global situation as a key factor that had dampened demand for bonds

Bonds strengthen sharply as growth fears drag down US debt yields

Rupee notches up gains as dollar index eases; OPEC meet in focus

Rupee sheds 53 paise on crude oil price spike; bond yields jump

Dealers say it's because of delay in index inclusion

MPC after-effect: SBI, ICICI Bank, YES Bank, BoI raise lending rates

The hike in lending rates shall be applicable to home loans and consequently, equated monthly instalment payments made by customers.

Relief for bond mkt on debt supply as govt prunes H2 borrowing plan

The Rs 10,000 cr cut in govt's mkt borrowing obviates the fear of oversupply of paper that typically builds up around Dec end when govt takes stock of its finances for the year