Month-end dollar demand from oil companies is hurting the rupee
Forex dealers said equities closed down by over half per cent for the day which forced the rupee to trade weak
Might not want to allow a sharp fall, as this can prove risky for portfolio investments
Dollar losing strength in the overseas markets also helped the rupee rise
The pair is seen in a 63.10 to 63.60 range during the day
Edited excerpts from a discussion at the Business Standard Banking Round Table held in Mumbai on December 2
With transactions increasingly migrating to the digital medium, lenders are transforming and scaling up their online offerings
Romesh Sobti has revitalised the previously-struggling IndusInd Bank into one of India's fastest-growing lenders, while maintaining tight control over asset quality
Ending dual regulation and improving transparency in decision-making are key to improving the health of public-sector banks
Despite low economic growth and high inflation, IndusInd Bank expanded its banking business and maintained asset quality
Arun Jaitley said that there was no serious crisis for the domestic currency as it was stabilising after a few days of volatility
Traders expect the Indian unit to move in a 62.80 to 63.50 range
Sell off more in corporate debt rather than government bonds
Experts believe it is only a matter of time before the currency touches the 64-65 mark
Fresh dollar selling by exporters and some banks aided the rupee
Traders expect the Indian unit to hold in a 63.10-63.50 range
The Indian currency earlier hit 63.89, the lowest since Nov. 13, 2013
Is seen heading towards 64 as FIIs pull out of the Indian markets
May touch 64/$ due to foreign flows slowing down