Page 117 - Finance News Analysis

Banking plans give a boost to Bajaj Finance's aspirations

Though Bajaj Finance failed to get a banking licence, the process of applying for it has given the company a fresh five-year road map for growth

Rupee ends at 66.05, recovers 11 paise

In global markets, the US dollar was up against the basket of currencies in Asian trade

Rupee trades higher as banks, exporters sell dollars

Hovers in a range of 66.11 to 66.01 during morning deals

Benign inflation, Fed status quo give RBI room for rate cut: bankers

Most expect 25 bps rate cut from the central bank

Forex reserves rise to $352 bn

Foreign currency assets up by $592.7 million to $328.56 billion

India's foreign reserves rise to $352 billion: RBI

The country's reserve position with the IMF edged up by $9.5 million to $1.32 billion.

A rate cut is expected

Having achieved the goal of containing inflation, business now wants RBI to shift its focus to accelerating of growth

Rupee plunges to 66.16 vs dollar, down 17 paise

The currency has dropped by 49 paise or 0.75% in four days

RBI seen cutting repo rate 25 bps in policy review :poll

Forty-five of 51 economists expect RBI to bring down repo rate to 4-year low of 7%

Rupee stretches losses, down 24 paise against dollar

Sustained month-end demand for the American currency overseas amid foreign fund outflows affected the domestic currency

Reserve Bank paper soon on improving of JLFs

The Reserve Bank of India has said it noted with concern the default on bond payments by Amtek Auto

Micro lenders turn the page with banking licences

Five years after microfinance groups faced a crisis of confidence, their business model is seen as strong enough by RBI to grant banking licences to nine of them

Rupee ends at 65.98, down 10 paise

Higher dollar in the overseas market affected the market sentiment

RBI to be cautious despite pressure to cut rates

Officials say the central bank will resist political pressure for significant easing due to inflation concerns

Rupee weakens 19 paise against dollar in early trade

Foreign funds outflows amid a lower opening in the domestic equity market affected the rupee

Anticipated CPI inflation trajectory supports case for repo rate cut

RBI to put into circulation banknotes with new features

New features to aid visually impaired in easy identification of banknotes part from securing them against counterfeiting

Rupee ends at 65.88, drops 15 paise

The markets benchmark BSE Sensex today plunged by over 541 points to settle below the 26,000-mark

Rupee recovers, up 17 paise against dollar

Increased selling of the American unit by exporters amid fresh foreign funds inflows helped the rupee

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