The rupee closed at 47.045 per dollar at the close, compared with 47.025 yesterday, according to data compiled by Bloomberg. The currency touched 46.75 earlier, the strongest since November. It is up 7.8 per cent this quarter, the third-best performance among the 10 most-traded Asian currencies.

Re trades near 7-month high on capital inflows

Business Standard

The yield on government securities may continue to show hardening trend since the government's decision to increase the quantum of auctions for the week to Rs 15,000 crore from Rs 12,000 crore indicated earlier may hit sentiment.

Bond yields to remain elevated

The rupee dropped the most in two weeks on speculation an easing recession in the US will prompt the Federal Reserve to raise interest rates later this year, boosting the appeal of the dollar.

Rupee declines as signs of US revival boost dollar

This is a good time to raise money and issue stock given that it trades somewhere close to its sum-of-the-parts value.

HDFC: Cashing in on liquidity

The quality of the bank&rsquo;s loan book, which has perhaps grown far too fast, is a cause for concern.

SBI: Restructuring blues

When it comes to finance and career, Indians are the most risk averse in the Asia Pacific region, a survey released by reinsurance giant Swiss Re today showed. In addition to two business risk issues &ndash; growth and operations &ndash; the survey covered four aspects dealing with consumer behaviour &ndash; finance, career, health and lifestyle.

Indians have the lowest risk appetite, says Swiss Re survey

Credit rating agency Moody&rsquo;s Investors Service On Thursday said the profitability of Indian banks could be affected due to rising delinquency levels.

Bad loans to hit bank profits: Moody's

HDFC&rsquo;s numbers for the March 2009 quarter are a pleasant surprise &mdash; the net interest income is up 11 per cent q-o-q at Rs 871 crore, even though it may have been flat y-o-y.

HDFC: Back in business

The rupee appreciated against the US dollar on a strong flow of overseas portfolio investments in the surging equity markets. Dealers said that the Indian currency was going strong since morning, driven by foreign institutional investors (FIIs) who have stepped up investments in Indian paper.

Rupee appreciates on strong capital flows

State Bank of India&rsquo;s net interest margin (nim) came off fairly sharply during the March 2009 quarter as it grappled with lower lending rates&mdash;- resulting from cuts in the prime lending rate&mdash;- and the impact of high cost deposits. With yields on both assets and investments lower by about 100 basis points, the nim is estimated to have dropped by around 50 basis points sequentially to 2.3 leaving the net interest income flat.

SBI: Growth at the cost of margins

Union Bank's numbers for the March 2009 quarter were a tad disappointing with net profits falling 11 per cent y-o-y. Apart from the fact that the core net interest income didn't grow as expected, the bank also incurred some one-time costs on expanding the branch network and on employees.

Union Bank: A play on economic recovery

The rupee pared its early gains and but still strengthened to close at 47.78 against the US dollar compared with 47.92 yesterday.

Re pares gains but still ends higher

The yield on Government Securities (G-sec) may continue to harden on Monday as investors will offload positions ahead of the government bond auction for Rs 15,000 crore due on Thursday.

Yields on government bonds may harden

The rupee fell for the first time in seven days, weakening by 0.4 per cent to 47.29 a dollar, on concern overseas investors will pull money out of Asia after North Korea said it held a nuclear test today.

Re falls as N Korea nuclear test may spur outflow

The rupee dropped the most in almost three months as North Korean missile and nuclear tests fuelled tension in Asia, spurring concern that foreigners will pare holdings of regional stocks.

Rupee slides most in three months, dips 1.3%

The rupee completed its best month on record, as optimism that Prime Minister Manmohan Singh will revive stalled reforms in his second term fueled a rally in stocks and attracted funds from overseas.

Rupee has best month on record

The rupee climbed to a five-week high on speculation that a global stocks rally will damp risk aversion and revive investment in emerging-market assets. The rupee advanced 0.6 per cent to 50.355 per dollar at the close of trading, according to Bloomberg data.

Rupee rises to five-week high, bonds climb

The rupee appreciated to 49.87 against the US dollar in early trade On Monday on account of an increased interest by portfolio investors in the equity markets and the weakening of the greenback against major currencies worldwide on the back of positive economic sentiments.

Rupee gains on global cues, bond yields at 4-month high

Falling spreads and slower credit growth could pressure net interest margins; profits from bond portfolio could fall.

Banks in Q4FY09: Margins could shrink

The rupee weakened the most this month today on speculation that the slowing economic growth would discourage overseas investors from buying the nation&rsquo;s assets.

Rupee posts April's biggest drop

We hope that the limit for senior citizens is further enhanced in the years to come.

Policy addresses concerns of slowing 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.

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