Page 100 - Finance News Analysis
IDBI Bank: It's too early to cheer
Amid asset challenges, valuations capture privatisation gains and efforts to improve financials
 "IDBI Bank: It's too early to cheer")
The mystery of PNB's vanishing loans
Eleven companies, which owe the bank Rs 843 crore, are untraceable. Many of them have common directors and have repeatedly taken loans from the same branch
 "The mystery of PNB's vanishing loans")
Rupee sinks 19 paise vs dollar in early trade
Fresh demand for the American currency from importers and banks affected the value of the rupee
 "Rupee sinks 19 paise vs dollar in early trade")
Forex reserves down $3.58 bn to $346 bn
RBI's weekly bulletin pegged gold reserves at $17.69 bn on Feb 26
 "Forex reserves down $3.58 bn to $346 bn")
Rajan to wait until April to cut rates: Poll
In a Reuters poll, many economists said a cut was unlikely before next month's policy review on April 5
 "Rajan to wait until April to cut rates: Poll")
Rupee at 2-1/2 month high of 67.08, up 26 paise
Robust FII inflows into the equities and debt predominantly supported the domestic currency
 "Rupee at 2-1/2 month high of 67.08, up 26 paise")
Rupee's strength may not be sustainable, say dealers
Rise in the rupee was on the back of a rally in the local stock market, which again largely followed global cues
Rupee advances 12 paise against dollar
The rupee had risen for the fifth straight session on Thursday to close at a fresh 7-month high of 67.34
 "Rupee advances 12 paise against dollar")
M&M Fin Serv to raise Rs 500 crore via retail bonds
The rating agency has also assigned MMFSL's proposed Rs 1,500 crore commercial paper (CP) issuance an "A1+" rating
 "M&M Fin Serv to raise Rs 500 crore via retail bonds")
Despite high target, Mudra refinance to remain low
This year, Mudra refinance is expected to be close to Rs 4,000 cr
 "Despite high target, Mudra refinance to remain low")
RBI pores over Budget 2016-17, worries on fiscal math
Three policymakers said they are combing through numbers to test how Jaitley struck a balance, and question some of the assumptions
 "RBI pores over Budget 2016-17, worries on fiscal math")
Budget has offered room for monetary policy easing: Jayant Sinha
He said macroeconomic stability is fundamental to ensure that monetary policy has space and they have tried to provide that in the Budget
 "Budget has offered room for monetary policy easing: Jayant Sinha")
Rupee builds on gains, up 18 paise against dollar
The domestic currency is trading at a 7-week high of 67.36
 "Rupee builds on gains, up 18 paise against dollar")
Rupee extends gains, up 11 paise against dollar
The domestic currency has risen to a fresh three-week high of 67.74 against the dollar
RBI may make rate cut move this week
Observers believe govt has done its part by keeping to the fiscal road map, while allocating more funds for infra and the rural economy
 "RBI may make rate cut move this week")
Rupee firms up 57 paise to 3-week high of 67.85
Weakness of dollar in the overseas market boosted the value of the domestic currency
RBI may go for 25 bps rate cut: HSBC
In Budget 2016, govt has stuck to fiscal deficit target of 3.5% making it easier for RBI to continue with its accommodative stance
 "RBI may go for 25 bps rate cut: HSBC")
Rupee advances 18 paise against dollar
Sustained selling of the US currency by banks and exporters helped the rupee
Bond market cheers as government stays course on fiscal discipline
Yield on Government of India bonds falls by 15 basis points, rupee strengthens at 68.41 against the dollar
 "Bond market cheers as government stays course on fiscal discipline")
Rupee jumps 20 paise on Budget proposals to push exports
Arun Jaitley said in his Budget speech that more support will be provided to exporters to give a boost to overseas shipments