The lenders are struggling to balance their funding needs with profitable growth
RBI might reveal its inflation expectations but not its action plan till it has an inkling of what the next government will do
RBI bought dollars intermittently over the week to slow the rupee's slide as also to shore up its forex reserves
They were $297.29 bn in the week earlier
Is expected to hold in a 59.90 to 60.40 range during the session
There are respected names arguing both for and against this recommendation of the Urjit Patel committee
Claims every branch of every bank in the district is profitable and that people have accepted and are using services of banks
The partially convertible rupee closed at 60.31/32 per dollar compared with 60.14/15 on Thursday
Dealer's say with RBI buying dollars, rupee appreciation to be capped
But gains capped as RBI buys dollars
The partially convertible rupee closed at 60.14/15 per dollar, after hitting 60.04 - its strongest since July 30
Gains in other Asian currencies, domestic shares help
Yield might end the quarter at a level where it had begun
To meet another group of bankers today
Expects a status quo on the policy rate in the upcoming policy review
Dealers said losses in other Asian currencies and demand from oil refiners limited gains in rupee