Page 162 - Finance News Analysis
Rupee seen weakening, yields might trade range-bound
Experts believe dollar may continue to appreciate due to an increase in US economic growth
 "Rupee seen weakening, yields might trade range-bound")
RBI's foreign exchange reserves fall by $1.42 bn
The reserves are near a level last seen in June 2014
 "RBI's foreign exchange reserves fall by $1.42 bn")
Forex reserves continue to move down; fall by another $1.4 billion
Raghuram Rajan has described the fall in reserves as dip in valuation with appreciation of dollar against other currencies
Rupee rebounds from seven-month low ahead of holidays
It ended at 61.62 per dollar compared with Tuesday's close of 61.74
 "Rupee rebounds from seven-month low ahead of holidays")
Rupee closes 14 paise higher at 61.61
Dollar selling by exporters and some banks pushed the currency up
 "Rupee closes 14 paise higher at 61.61")
RBI not biased towards either raising or cutting rates: Rajan
Says action will depend on inflation data
 "RBI not biased towards either raising or cutting rates: Rajan")
Rupee recovers from 7-month low
Traders pare positions ahead of holidays
 "Rupee recovers from 7-month low")
 "No surprise on rates but inflation outlook seems nebulous: Pradeep Madhav")
 "Several new regulatory guidelines soon")
India Inc disappointed yet sympathetic with RBI policy status quo
However, for rate-sensitive sectors such as real estate, the delay in a rate cut is becoming painful
 "India Inc disappointed yet sympathetic with RBI policy status quo")
Food inflation key determinant: Samiran Chakraborty
Based on RBI's subjective assessment, it is still possible to reach the January 2016 inflation target of six per cent
 "Food inflation key determinant: Samiran Chakraborty")
Cautious move: Stuart Milne
RBI noted that future policy stance will be influenced by its projection of inflation relative to its medium-term target
 "Cautious move: Stuart Milne")
Non-bank financing for companies zooms
As interest rates stay firm, entities look for alternative sources of funding
 "Non-bank financing for companies zooms")
Banks might soon trim fixed deposit rates
Slow credit off-take to put pressure on margins
 "Banks might soon trim fixed deposit rates")
Wait for a rate cut just got longer
RBI keeps repo rate unchanged; market sees prolonged pause; banks may trim deposit rates
 "Wait for a rate cut just got longer")
Real interest rates have entered positive territory: Suresh Senapaty
The challenge ahead for RBI is to manage volatility in the backdrop of policy action by global central banks
 "Real interest rates have entered positive territory: Suresh Senapaty")
RBI wants to maintain status quo till supply-side scenario improves: Glenn Saldanha
Given the emphasis of the new government on infrastructure growth, some of the rates could have been eased
 "RBI wants to maintain status quo till supply-side scenario improves: Glenn Saldanha")
RBI less concerned on inflation than it was two months ago: Ravneet Gill
If the inflation trajectory improves faster, RBI will not hesitate to cut rates
 "RBI less concerned on inflation than it was two months ago: Ravneet Gill")
Cut in export finance limit premature, say exporters
RBI has cut the export credit refinance facility from 32% of banks' eligible export credit to 15%, with effect from October 10
 "Cut in export finance limit premature, say exporters")
 "Real issue is to put the asset back on track: Rajan on coal row")