Page 20 - Bhaskar Dutta

India's foreign exchange reserves drop $7.5 billion to $572.7 billion

Foreign exchange reserves depleted around $70 billion from its peak in September 2021

Bulk of India Inc's overseas debt is hedged: RBI governor Shaktikanta Das

No particular level of rupee in mind but have zero tolerance for volatile movements: Das

RBL Bank reports Q1 net profit at Rs 201 crore; asset quality improves

The bank's net profit rose 1.7 per cent from Rs 197.83 crore in Q4FY22

Banks urge RBI to extend HTM leeway beyond Mar 2023 as bond losses pile up

Bankers have sought permission to park a larger quantum of securities in the portfolio than is currently permitted amid an environment of rising bond yields.

IndusInd Bank Q1 net up 64% to Rs 1,603 cr on surge in net interest income

On the asset quality front, IndusInd Bank's gross non-performing asset ratio was at 2.35 per cent as on June 30

Rupee closes shy of 80/$ as RBI shields currency, exporters sell dollars

The rupee settled at 79.99 per dollar on Wednesday - a fresh closing low for the Indian unit versus the greenback

Rupee breaches 80/$ for first time, settles at 79.95 after RBI intervention

The rupee has depreciated 7.01 per cent against the dollar this year

Rupee closes just 2 paise shy of 80 against US dollar as oil prices rise

Crude oil prices jumped on Monday as US President Joe Biden's talks with West Asian countries failed to culminate in an agreement to increase output

YES Bank plans to invest Rs 350 cr in JC Flowers, raise $1 bn in FY23

JC Flowers has been named as the base bidder for bad loans worth Rs 48,000 crore of YES Bank

IndusInd Bank's board approves fundraise of up to Rs 20,000 crore

The bank's board also approved the re-appointment of Akila Krishnakumar as non-executive independent director

Rupee close to 80 per dollar: How RBI steps may help stabilise it

Over the past month, the RBI has also taken several steps to attract fresh overseas capital to Indian markets

Business Standard poll: The worst may soon be over for rupee, say experts

Currency seen at 80.20/$ by July end, stabilising at 80.50 in Sept

Worst of inflation may be behind us, RBI staff say in July 2022 Bulletin

According to the July Bulletin article, the current level of reserves were equivalent to 9.5 months of imports projected for 2022-23

HDFC Bank's Q1 net profit rises 19% to Rs 9,195.99 cr, NII grows 14.5%

The bank's pre-provision operating profit was at Rs 15,367.8 crore in Q1FY23

YES Bank, JC Flowers in pact for ARC in bid to seal largest ever NPA deal

This is being termed the single-largest bad loan deal

Rupee keeps off 80 per dollar; foreign exchange reserves at 15-month low

The latest data showed that the RBI's headline foreign exchange reserves declined by $8.1 billion in the week ended July 8

FRAs back in vogue, help insurers in fixed rate of interest for payouts

Forward Rate Agreements enables insurers lock in a fixed rate of interest rate for a future pay out

Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards

Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday

Rupee falls to 79.88 against dollar with 100 bps Fed hike on cards

The domestic currency, which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday

Rupee ends at new low as global risk fears spur rush to safe-haven dollar

The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%