Rupee: Closes down The rupee partially recouped its losses against the US dollar, ending at 40.06 compared with 39.96 on Monday. Exporters are believed to have sold the greenback.

Re breaches 40 mark, ends weak

Business Standard

Call rates: End down Overnight money rate ended down today because liquidity in the banking system continued to be surplus, according to dealers.

Call dips on good liquidity, Re flat

Rupee: Ends flat The rupee ended steady after recouping intra-day losses against the US dollar as banks continuously sold the greenback for exporters and foreign institutional investors

Re regains loss as banks sell $

Liquidity: Surplus mode The liquidity in the system continued to remain surplus. The Reserve Bank of India absorbed around Rs 18,000 crore from the system.

Reserve Bank absorbs Rs 18K cr

Liquidity: Times of plenty The liquidity remained abundant, but banks are still wary of lending.

Banks wary of lending despite abundant liquidity

Reserve Bank of India (RBI) Governor Y V Reddy, who presented his last Annual Policy Statement on Tuesday, spoke to Sidhartha on the challenges the central bank faces in balancing growth and inflation.

`Central bankers will surely need a lot of humility to think of future challenges`

Food prices Food prices firmed up in the second half of 2007-08 led by wheat, rice and edible oil, reflecting the surging demand  for consumption as food and as biofuels.

PRESSURE POINTS

I would repair to my wonderful terrace ambivalent about the upcoming end of my tenure  on the one hand, I will have to leave this lovely place; on the other, I would be through with the structurally thankless task of serving two masters: the market and the government.

If I were RBI governor...

Naina Lal Kidwai, Group General Manager and Country Head, HSBC India 
The Reserve Bank of India should be congratulated for managing a difficult situation so dexterously.

A preventive measure

Rana Kapoor, MD &amp; CEO, Yes Bank 
Hardening inflation and moderating growth amidst global uncertainties spelt a tightrope walk for the RBI in formulating the Annual Monetary &amp; Credit Policy for 2008-09.

Maintaining growth, managing inflation

The FM has won a few more friends by declaring that money received from reverse mortgage will not be treated as 'income' by tax authorities.


Friend of the elderly

In the last two years, serious hikes in the home loan interest rates would have caused a lot of grief to the customers. Banks have followed two strategies to control this: by increasing the equated

It`s payback time

One of the few disconcerting features of the Union Budget was the extension of service tax on all the charges of unit-linked insurance plans (Ulips). 


An expensive proposition

Liquidity: Bear control Liquidity in the system may remain easy but the sentiment will be bearish. Even as the market was apprehensive following advance tax outflows, the additional line of

Advance tax outflows will be key driver

Liquidity: Shining bright The liquidity improved in the system since the market is almost through with the advance tax outflows.

Re rebounds, ends high

Liquidity: Tightening hold The liquidity tightened in the system as a fallout of the advance tax outflows. The Reserve Bank of India infused around Rs 44,000 crore into the system under repo

Rupee recovers from low

There are a large number of options available when you are looking at an education loan, but read the finer details first to get a better idea of the offering. 


Study your Loan

Liquidity: In comfort zone The market was comfortable on the liquidity front. But banks were wary of lending ahead of the reporting fortnight on March 28. The availability of ample liquidity

CBLO rates dip below 1%

Liquidity: Comfort zone The liquidity situation was quite comfortable as Rs 11,000 crore entered the system by way of interest payments on special deposits. It was tight after an outflow of

Re rises on RBI chief's remark

Liquidity: In comfort zone Liquidity remained comfortable in the system even as the outlook turned bearish, given the outflows announced by RBI this week.

Outflows fail to dent liquidity

The issue is whether not charging customers for using other-bank ATMs, after 2009, alters the balance in favour of banks which don't set up their own networks.


Is the RBI policy on ATM sharing a good one?

Financial Analysis: Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Finance News Analysis, Financial Analysis and Research | Business Standard

Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

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