Page 22 - Bhaskar Dutta

HDFC Bank loans rose 21.5% YoY in Q1 to Rs 13.95 trn, deposits up 19.3%

Retail loans grew by around 21.5 per cent YoY in Q1 and approximately 5 per cent on a sequential basis, HDFC Bank said

SBI to scale up gold loan business, start premium banking services

SBI agriculture cold loan portfolio increased to Rs 73,601 crore in FY22 from Rs 66,878 crore in FY2021 and personal segment, the gold loans book expanded by 9.89 per cent YoY to Rs 23,063 crore

RBI pegs state govt market borrowing for July-Sept at Rs 2.1 trillion

Actual borrowings and state-wise breakup will be intimated 2-3 days prior to auction day; RBI to try and ensure auctions are held in non-disruptive manner considering mkt conditions

Rupee breaches 79, sheds 0.9% this week as FII outflows, CAD worries grow

The rupee losses on Friday were, however, limited by dollar sales by exporters, who felt that the domestic unit may not fall much further, given the sharp depreciation seen this week

Rupee falls below 79/$ as stocks plunge; FII outflows sour market sentiment

Higher US interest rates, upside risks to India's current account deficit, brought about by higher oil prices, have caused the rupee to depreciate 6% vs $ so far in the calendar year

Rupee consolidates against dollar after sharp depreciation this week

Dealers say magnitude of RBI interventions slowed down over past couple of days

RBI's financial stability report flags risks with public debt profile

A credible strategy to ensure debt sustainability calls for reducing primary deficits, the central bank said in its Financial Stability Report

Cryptocurrencies are a 'clear danger': RBI governor Shaktikanta Das

Indian fintech industry value projected to hit $150 bn by 2025

Confident of delivering value on bid for Citi India deal: Axis Bank's Moghe

India's third-largest private lending is purchasing the retail business in a transaction worth Rs 12,235 crore

Rupee ends at new low on relentless FII sell-off, slower RBI intervention

The analyst said the rupee may weaken to 79.10 per dollar in the coming days

How rupee shrugged off the fragile tag and outperformed despite shocks

The domestic currency has fared better than many of its emerging market peers

Rupee weakens to a new low; traders see currency breaching 79/$ soon

So far in 2022, the rupee has shed around 5.8 per cent against the dollar as higher US interest rates and a surge in global commodity prices have the outlook on the currency

Public sector banks request RBI on bond portfolios as yields harden

At its policy review in April, the RBI had increased the limit on HTM portfolios to 23 per cent of net demand and time liabilities till March 31, 2023

Rupee at a fresh new low as rising oil deepens CAD, inflation concerns

The rupee settled at a new low of 78.77 per US dollar against the previous close of 78.35 per US dollar

Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier

Fund to be raised via 10-yr bonds; another Rs 2K cr to come via 18-month papers

RBI acts in forwards market to protect forex reserves, pulls down premiums

This move by the central bank results in premiums crashing

India's forex reserves drop $5.9 bn in a week as RBI sells dollars

In two weeks, the country's foreign exchange reserves have dropped over $10 billion as the central bank stepped up intervention in the foreign exchange market

RBI warns of risks from cross-border outsourcing of IT services

The RBI's observations come at a time when it is considering a mandate for domestic processing of payment transactions in order to ring-fence India's local payment systems

RBI aim is to not have over-tightening or over-stimulus: MPC's Ashima Goyal

Central bank has to target inflation but with 'awareness of nuances',' she says in interview.

Rupee hits fresh all-time low vs dollar as US rate hike worries deepen

Markets fall & crude oil declines on worries of recession in US