Page 133 - Finance News Analysis
RBI to cut rates by 25 bps in fourth quarter: poll
Will wait to see how the monsoon affects food prices, say economists
 "RBI to cut rates by 25 bps in fourth quarter: poll")
Rupee snaps three-day losing streak as banks, importers sell dolalrs
Currency hovers in 63.87-64.03 range during morning trade
 "Rupee snaps three-day losing streak as banks, importers sell dolalrs")
Rupee recovers as exporters, banks sell dollars
Lower domestic shares, dollar strength overseas cap gains
 "Rupee recovers as exporters, banks sell dollars")
Fund houses reduce debt buying amid rising yields
This, as scope for a rate cut in the short-term is limited
 "Fund houses reduce debt buying amid rising yields")
Rupee hits new 20-month low; ends 10 paise down
The domestic currency continued to witness a downward trend on the back of sustained capital outflows by foreign funds and consistent dollar demand from importers and banks
 "Rupee hits new 20-month low; ends 10 paise down")
Rupee extends losses, breaches 64 mark in early trade
Sustained capital outflows by foreign funds weigh on rupee
 "Rupee extends losses, breaches 64 mark in early trade")
RBI to watch for monsoon onset before softening rates further
Recent coal block and telecom spectrum allocations are good examples of transparent and accountable service delivery
 "RBI to watch for monsoon onset before softening rates further")
Growth is weaker than what the headline numbers suggest: Raghuram Rajan
Interview with Governor, Reserve Bank of India
 "Growth is weaker than what the headline numbers suggest: Raghuram Rajan")
RBI net FX forwards in up to 1-yr maturities down $3.15 bn in April
The central bank likely took delivery of some of its forward dollars in April
 "RBI net FX forwards in up to 1-yr maturities down $3.15 bn in April")
Rupee trims initial gains, trades in tight range
Hovers in a range of 63.75 and 63.84 during morning deals
 "Rupee trims initial gains, trades in tight range")
Rupee up marginally as exporters sell dollars
Lower domestic shares cap gains
 "Rupee up marginally as exporters sell dollars")
After bank rate cut, those with higher EMIs may choose to shift
Cut in banks' base rates translates into an automatic reduction in all floating loans linked to them
 "After bank rate cut, those with higher EMIs may choose to shift")
Stocks on crash course as Sensex falls 660 points
The broader-based National Stock Exchange's Nifty index ended at 8,236.45, down 196.95 points or 2.34% over the previous day's close
 "Stocks on crash course as Sensex falls 660 points")
Rajan signals pause after 25-bp rate cut
EMIs set to become cheaper with SBI, others trimming base rates
 "Rajan signals pause after 25-bp rate cut")
A victim of expectations: Sajjid Z Chinoy
The central bank's primary mandate is to keep inflation contained to creating the macroeconomic conditions that enable sustained growth
 "A victim of expectations: Sajjid Z Chinoy")
Manage food prices to contain inflation: RBI
In its second bi-monthly monetary policy review, RBI said unseasonal rain and hail in March had hit rabi crops
 "Manage food prices to contain inflation: RBI")
Niche banking licences likely by August
RBI has received 72 applications for small finance banks and 41 for payments banks
RBI rate cut not enough to revive growth: India Inc
Say they don't see a revival till the second half of the current fiscal
 "RBI rate cut not enough to revive growth: India Inc")
'Consider stress management for capital infusion in PSBs'
In 2014-15, the govt allocated Rs 6,990 crore towards capital infusion in nine PSBs
 "'Consider stress management for capital infusion in PSBs'")
Banks start reducing rate, margins to come under pressure
After central bank reduced repo rate by 25 bps, SBI announced base rate reduction by 15 bps to 9.7%
 "Banks start reducing rate, margins to come under pressure")
