Page 139 - Finance News Analysis
RBI snaps up $49.2-bn in Apr-Feb, highest in seven years
The Reserve Bank had bought $115.9 bn from the market during the period while it sold $66.7 bn
 "RBI snaps up $49.2-bn in Apr-Feb, highest in seven years")
Foreign exchange reserves fall by $2.6 bn to $340.41 bn
Foreign currency assets dips by $2.51 bn to $316.13 bn
 "Foreign exchange reserves fall by $2.6 bn to $340.41 bn")
 "Rupee ends lower by 7p; ends gaining streak")
Bond yields to soften further in FY16
The yield on the 10-year bond fell by 107 bps in the previous fiscal (FY15) compared with a rise of 84 bps in FY14
 "Bond yields to soften further in FY16")
Why banks now have more officers and fewer clerks
It is to keep labour unions away and make the employees feel important
 "Why banks now have more officers and fewer clerks")
Monetary Policy panel contours likely 4-6 months away
RBI Act Amendments for MPC not likely even in monsoon session
 "Monetary Policy panel contours likely 4-6 months away")
Rupee marginally up against dollar in early trade
Dollar weakened overseas amid a higher opening in the domestic equity market
 "Rupee marginally up against dollar in early trade")
Rupee rises 14 paise, ends losing streak
Foreign portfolio investors bought shares worth Rs 417.01 crore on Monday, according to provisional data
 "Rupee rises 14 paise, ends losing streak")
How Raghuram Rajan is remaking India's banking sector
The country's banking architecture will sport a new look, if the plans of the RBI and govt are implemented. The author traces the likely changes to give a sense of the landscape five years down the li
 "How Raghuram Rajan is remaking India's banking sector")
Rupee recovers 13 paise against dollar in early trade
Besides increased selling of the US dollar by exporters, a higher opening in the domestic equity market, supported the rupee
The truth is that inclusion banking is not a viable business yet
At the regulations level, we are seeing the emergence of additional structures including small finance and payments banks
India tops in remittances, receives $70 bn
Remittances to the developing world are expected to reach $440 bn in 2015, an increase of 0.9% over the previous year
 "India tops in remittances, receives $70 bn")
Base rate cuts to have limited impact on bank margins: Analysts
Lenders had already cut deposit rates by up to 50 bps in recent months, providing some cushion; however, credit costs and asset/liability profiles will also vary between lenders
 "Base rate cuts to have limited impact on bank margins: Analysts")
Analysts see limited impact of base rate cuts on banks' margins
Say cut in base rates were long overdue, reduction in cost of funds to aid NIMs
 "Analysts see limited impact of base rate cuts on banks' margins")
Rupee volatility declines to four-month low on RBI intervention
The rupee has gained 0.8% this year, the third-best performance in Asia
 "Rupee volatility declines to four-month low on RBI intervention")
Rupee drops 5 paise against dollar in early trade
A higher opening in the domestic stock market capped the rupee's fall
Rupee might fall, yields could rise
On Friday, the rupee ended at 62.32 to a dollar, compared with the previous close of 62.25
RBI's forex reserves climb to an all-time high of $ 343 bn
This is the ninth time this year foreign exchange reserves touched an all-time high
 "RBI's forex reserves climb to an all-time high of $ 343 bn")
Rupee weakens by 15 paise against dollar in early trade
Increased demand for the dollar from importers weighed on the local currency
Rupee-denominated bonds seen to attract foreign investors
In the recent past, RBI has raised concerns on several occasions about the unhedged foreign currency exposures of companies
 "Rupee-denominated bonds seen to attract foreign investors")
