Want fixed deposits of three years to be brought under Section 80C.

Banks seek parity with MFs

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In recent years, PEs and VCs have accounted for 30-50 per cent of foreign direct investment flows, which are more stable and value-added than portfolio flows. But, the industry is contributing well below its true potential.

Budget expectations: Amit Chandra

Income tax exemption currently available to all information technology (IT) and IT-enabled services companies should be extended for another three years to younger companies with revenue of less than $50 million. All VC-funded companies should not be categorised as FDI ventures, as it fuels entrepreneurship and the sectoral cap limits the quantum of investments such as FDI in multi-brand retail.

Budget expectations: Sanjeev Aggarwal

We have asked the finance ministry to restore the pass-through status for all sectors. At present, under the Income Tax Act, this benefit is restricted to specified sectors. Considering the requirement for capital in the economy, the benefit of the Section 10(23FB) should be extended to all sectors as permitted by the Securities and Exchange Board of India. Moreover, most of the venture capital funds (VCFs) are set up in the form of a trust.

Budget expectations: Mahendra Swarup

Ten-year government bonds fell on speculation the central bank will raise interest rates to curb inflation in the world&rsquo;s second fastest growing major economy.

Bonds drop on rate-hike speculation

The yield on the government bonds may ease on Monday as investors await fresh cues on interest rate trend.

Bonds yields may ease

The rupee on Monday hit a fresh 15-month high against the dollar. Dealers offered oil companies&rsquo; dollar buying and heavy inflow of funds from foreign institutional investors (FIIs) as reasons.

Dollar buys, FII inflows take Re to 15-month high

With bank FDs offering little, the risk-averse need to check company deposits or even balanced MFs.

Returns to beat inflation

India&rsquo;s foreign exchange reserves went up by $741 million to $284.26 billion during the week ended January 8, mainly due to revaluation of currencies. According to the latest data by the Reserve Bank of India (RBI), foreign currency assets went up by $772 million to $259.41 billion during the week. In rupee terms, the reserve declined by Rs 19,151 crore to Rs 13,03,529 crore. While gold remained unchanged in the reserve, SDRs dropped by $24 million to $5.14 billion.

Forex reserves up $741 mn

I am looking for a personal loan of Rs 60,000. I have existing relationship with three banks. The minimum loan these three banks offered was Rs 1 lakh. Other banks informed that they provided loans only to their account holders. And, they look at the account entries to sanction loan.

Banking Queries: Manju Srivatsa

The rupee fell to a two-week low on speculation that foreign funds will trim their holdings of local assets, as interest rates are raised to contain inflation.

Rupee drops to 2-week low as risk aversion mounts

The country's largest private sector lender, ICICI Bank, toed a strict line this quarter as it focused on healthier outlook to its banking model. It strengthened its low cost deposit (CASA) franchise, capped operating expenses and reinforced its Tier I capital in Q3FY10. It also saw fewer fresh non-performing loans this quarter and is expected to see quality improve slowly as it has ring fenced its loan portfolio (down 6 per cent sequentially over the previous quarter).

ICICI Bank: Treading the conservative line

There are various ways of reducing transaction costs by banks. And banks provide it themselves...

Save on bank charges

Life insurers have begun to spend big money on brand promotion. The market, after all, is crowded. At last count, there were 22 companies in the fray for a market estimated at Rs 55,355 crore. SBI Life, the 74:26 venture of State Bank of India and BNP Paribas Assurance, has been not as aggressive as its rivals so far as brand promotion is concerned. Where others rolled out campaign after campaign, SBI Life stuck to its old campaigns.

SBI Life: Catch 'em young

CRR hike to support recovery process, says RBI.

Balancing act: check prices, back growth

But sub-PLR corporate loans could be re-priced.

Banks may keep rates unchanged

Voicing an urgent need for fiscal consolidation, the Reserve Bank of India (RBI) today warned that a large fiscal deficit might hit growth.

Put finances in order, RBI tells govt

CRR raised 75 basis points; no impact on interest rates, say banks.

RBI signals inflation worries

Banks may not be raising rates for the moment, but the teaser rate retail loans seem set to go off the shelf soon.

Say good bye to teaser rates

The Reserve Bank of India (RBI) surprised the market by raising the cash reserve ratio (CRR) by 75 basis points. &ldquo;We were expecting a hike of 50 basis points,&rdquo; said Nilesh Shah, chief executive, ICICI Prudential Mutual Fund.

For debt, bank on short-term funds

The rupee fell, reversing earlier gains, on speculation importers used the currency&rsquo;s rise to a week&rsquo;s high today to buy cheaper foreign exchange.

Rupee slips on dollar buys by importers

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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