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

Business Standard

India&rsquo;s benchmark bonds rose for the first time in three days on speculation that yields at the highest level in 13 months attracted some investors.

Bonds surge on higher yields

The yield on government bonds may stay elevated next week on apprehension that Reserve Bank of India (RBI) may hike cash reserve ratio as a signal to manage inflationary expectations.

Bond yields to remain high

Union Bank is on a restructuring drive to become the country&rsquo;s top nationalised bank.

Riding up the sweepstakes

Indian banks failed to repeat their first-quarter show in the second quarter with sector giant State Bank of India and the largest private one, ICICI Bank, reporting subdued performance.

Subdued showing in 2nd quarter by banking majors

The rupee strengthened for the fifth time in six days on speculation the nation's relatively fast economic growth and rising stocks will attract investment from abroad.

Rupee rises on growth hopes, rise in stocks

Issuances of short-term money market instruments fell today because mutual funds &mdash; the major investors for such papers &mdash;were not keen on investing due to low rates, dealers said.

CP-CD: issues fall as MFs stay away

The yield on government bonds may move in narrow band as dealers look for cues from industrial sector growth data for August.

Bond yields may remain range-bound

Now that he's about to retire, HDFC's chairman says his biggest challenge will be to not interfere in the institution that is almost synonymous with him.

Coffee with BS: Deepak Parekh

Keep some cash in hand for tackling last-minute hurdles.

Loans available, but not easily

Rupee fell before the central bank&rsquo;s decision tomorrow on interest rates while importers bought dollars to settle month-end bill payments.

Rupee drops before interest-rate decision

Aviva tries a new tool with Sachin Tendulkar to grab a bigger share of the life insurance market.

No child&#39;s play

If Reserve Bank of India (RBI) Governor D Subbarao&rsquo;s initial role was to manage crisis, his role now will be to manage recovery. The governor himself said as much in the monetary policy announced today.

From managing crisis to managing recovery

The feel-good factor is clearly returning to the markets, going by business confidence surveys and the financial market sentiment. But the recovery, though promising, remains fragile. Rural consumption will be hit by the worst monsoon in close to four decades, while international demand continues to languish, with the global economy still in contractionary mode.

A balanced approach

RBI&rsquo;s decision to adopt a passive exit strategy, through the closure of some non-standard liquidity provisions, while maintaining a status quo on key policy rates, is a move in the right direction. RBI highlighted inflation concerns, but it also provided an upward bias of 6 per cent to GDP growth for FY10. RBI is, rightfully, reluctant to move aggressively on the rate front at this juncture, given that an aggressive tightening can hamper the nascent growth recovery.

Right long-term steps

Banks can finally hedge their loan portfolio, now that the Reserve Bank of India (RBI) has decided to introduce credit default swaps (CDSs).

Over-the-counter credit default swaps are here

&ldquo;The objective of developing CBLO as a money market instrument has been broadly achieved.

RBI tightens grip on money market instruments

As was widely expected, the second-quarter review of the monetary policy for 2009-2010 came with no surprises, as the Reserve Bank of India (RBI) chose to continue its accommodative monetary policy, with no changes in key policy rates.

The reversal begins

No change in rates, moves to reform financial sector.

RBI ends easy money regime

Banks will no longer need permission of the Reserve Bank of India (RBI) to open branches in rural and semi-urban centres, officially termed Tier-3 to Tier-6 centres.

RBI nod not  must for rural expansion

&lsquo;The guidance for the October monetary policy is clear. There is enough liquidity in the system to meet the demand from the government and private borrowers, good growth momentum, good flow of offshore liquidity through debt and capital markets, and rock-solid stability in money markets, despite the fiscal deficit. Markets have fared well since the July policy, with a decent rally in the stock market, appreciation of the rupee and stable bond yields.

Stance to spur growth

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.

Page 414 - Finance News Analysis