Page 169 - Finance News Analysis

Rupee strengthens to nearly 3-week high vs US dollar

Sustained dollar selling by exporters and a surge in local stocks helped the currency

Rupee gains marginally on bunched-up dollar inflows

Is seen in 60.65 to 60.85 range during the session

Why capping own ATM usage is not a good idea

Instead of encouraging customers to adopt technology, RBI's latest move may mean more crowding at bank branches

NPAs of PSBs could rise on tighter asset sale norms

Restructured assets of SBI, Canara Bank, BoI could rise as they have been aggressive in selling bad loans

Forex reserves fall $643 mn

Gold reserves remained unchanged, SDR rise by $2.5 million to $4.42 billion

Bandhan, India's newest bank, takes shape

As it prepares for a transformation from a microfinance institution to a bank, Bandhan plans to stick to its Grameen model, creating a unique hybrid model of banking

Rupee logs best single-day gain in 3-months

The currency closed at a two-week high

Mobile banking: Govt banks fail to tap the cost advantage

Most govt banks apart from SBI have failed to excite their huge customer base on the benefits of mobile banking

Rupee rises, tracks gains in Asian currencies

Economic data sparks hopes of continued stimulus from central banks

Rupee down most in a week

Rupee falls on IIP, CPI disappointment

It closed at 61.21 per dollar, compared with Tuesday's close of 61.08

Rupee falls after CPI, IIP data

Globally, Asian currencies are subdued on Ukraine crisis

RBI net buys $597 million in spot forex market for 3rd month in June

However, the amount of dollars purchased by the central bank in June dropped almost 50% as against in April and May

Rupee edges up as shares rally

It closed at 61.08 per dollar, compared with Monday's close of 61.19

Rupee steady, focus remains on geo-political factors

Dollar index up 0.08%, Asian currencies trade mixed

Rupee ends tad lower; losses capped as geopolitical tensions ease

It closed at 61.19/20 per dollar, compared to Friday's close of 61.14/15

Rupee flat as geopolitical concerns ease

Asian currencies gain, dollar index up 0.08%

Rupee might touch 62 this week

However, if the rupee weakens, it shall also have a negative impact on the bond market

HSBC sees rupee at 60-levels by December

HSBS says risks on the domestic unit from both external and domestic fronts have increased

India's forex reserves down $573.5 mn

The foreign currency assets had gained by $163 million to $291.05 billion for the week ended July 25 2014