Page 107 - Finance News Analysis
Rupee falls sharply on China, West Asia jitters
Dives most in nine weeks, to close at 66.62 against $
 "Rupee falls sharply on China, West Asia jitters")
Rupee tumbles to 2-week low at 66.61, down 47 paise
Indian stock indexes too fell over 2%, mirroring the global turmoil
 "Rupee tumbles to 2-week low at 66.61, down 47 paise")
RBI fixes rupee-dollar reference rate at 66.1780
Rates for pound and yen were quoted at 97.6059 and 55.01 per 100 yens respectively
 "RBI fixes rupee-dollar reference rate at 66.1780")
Rupee starts 2016 on a weak note, down 5 paise against dollar
Fresh buying of the American currency by banks and importers affected the rupee
 "Rupee starts 2016 on a weak note, down 5 paise against dollar")
Rupee ends 2015 on dismal note; records 5th year of decline
The currency closed 24 paise higher at 66.15 on hopes of foreign capital inflows amidst recovery in the equity market
 "Rupee ends 2015 on dismal note; records 5th year of decline")
Rupee falls 6 paise vs dollar in early trade
The dollar was firm against major global currencies, which dampened the rupee sentiment
 "Rupee falls 6 paise vs dollar in early trade")
Private sector banks continue to outperform PSBs
While PSBs continue to play a vital role in Indian financial system, they have been lagging their private sector counterparts on performance and efficiency indicators
 "Private sector banks continue to outperform PSBs")
A year of downsizing for foreign banks
Slowdown in corporate lending and the high cost of doing business in India are forcing a rethink
 "A year of downsizing for foreign banks")
Rupee depreciates 4 paise vs US dollar
Increased month-end demand for the US currency from importers affected the rupee
 "Rupee depreciates 4 paise vs US dollar")
Rupee down 13 paise vs US dollar in early trade
Month-end demand for the US currency from importers amid capital outflows affected the rupee
2015 sees IRDAI's big push on distribution reforms
In Sept, the regulator finalised norms for corporate agents like banks that allowed them to tie-up with three life, three non-life and three standalone health insurers
 "2015 sees IRDAI's big push on distribution reforms")
Rupee rises for 8th session to 66.19, up 2 paise
Strong equities boosted the rupee against the dollar
2015: A good year for Rupee, bad for G-sec
The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI
On the fast track from bricks to clicks
The concept of brick-and-mortar branches is fading fast, with consumers increasingly embracing technology for their basic banking needs
 "On the fast track from bricks to clicks")
Currencies subdued in Xmas holiday lull, dollar adrift
The euro traded at $1.0922, having drifted up slowly from a low of $1.0903
 "Currencies subdued in Xmas holiday lull, dollar adrift")
Rupee set for 5th yearly loss; 65-70 becomes new normal
However, Experts say rupee may end up as one of the 'best' performers among major currencies due to its much steeper yearly fall
Rupee rises for 7th session to 66.21, up 12 paise
The currency resumed higher at 66.26 as against yesterday's closing level of 66.33 at the forex market
Rupee still up by 12 paise vs dollar
Sustained bout of dollar selling by banks and exporters helped the rupee
Rajan heeded advisory panel members on rate pause
Four of the five external members of the panel cited upside risks to inflation as well as transmission needed for the hefty 50 bps rate cut at Sept 29 review
 "Rajan heeded advisory panel members on rate pause")
