Page 104 - Finance News

Indian Rupee ends above 86/$; Falls by 42 paise ahead of MPC decision

Crude oil prices were trading near a four-year low as uncertainty regarding tariffs weighed on the global growth outlook

Indian Rupee opens 3 paise lower at 85.87/$; RBI's MPC meet in focus

The domestic currency weakened 3 paise to open at 85.87 against the greenback after closing at 85.84 on Monday, according to Bloomberg data

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Loan growth is expected to have further slowed down amid low demand in certain secured products, stress in the unsecured segment, and a high CD ratio across the system

8th Pay Commission: State govts want parleys before final report

The Cabinet in January cleared a proposal to constitute the 8th Pay Commission

Average Mudra loan size down in Kishore category, up in Shishu segment

Tarun segment also sees an increase in ticket size

Nabard, HSBC invest around Rs 80 crore for 10% equity stake in OPL

The funding will be used to drive innovation in digital ecosystems, according to a statement

Decline in yields triggers $4.5 billion debt issue from Indian companies

The sales include planned issues worth more than $2 billion on Tuesday, the end of the five-day run that will have included at least 15 companies tapping the bond market

Swap markets signal RBI could do more than just a 25-bp rate cut this week

The one-year OIS rate stands around 5.88%, its lowest level since May 2022, while the five-year rate is around 5.71%, its lowest since February 2022

Securitisation volumes jump 24% to hit new record of ₹2.35 trn in FY25

The jump in FY25 volumes was driven by large deals originated by private sector banks and also non-bank finance companies

Indian Rupee sees worst start in nearly 2 months; Opens 41 paise lower

The domestic currency weakened 41 paise to open at 85.65 against the greenback after closing at 85.24 on Friday

RBI may infuse up to Rs 4 trillion to shield economy from global risks

SBM India estimates that up to Rs 2 trillion could be injected in the first half, adding to an unprecedented $80 billion already pumped in since January

PoS transformation in progress, but business model needs a rethink

The real-time confirmation builds efficiency and trust, keeping operations smooth and allowing the merchant to focus on business

Rupee may hold gains near 85.5/$ as greenback wobbles, shows BS poll

Experts peg rupee at 85.50 against dollar by June; RBI expected to boost dollar purchases

RBI's MPC meet starts on Monday amid expectations of a policy rate cut

Also, focus will be on liquidity-related measures to boost transmission of policy rates to bank lending and deposit rates

Govt's FY25 capital expenditure may surpass RE of Rs 10.18 trillion

To meet the RE would require a 44 per cent year-on-year (Y-o-Y) increase in capex

RBI monetary policy: Expect 25-bp rate cut, but no change in stance

As headline inflation moves closer to RBI's target, and growth momentum remains elusive, a rate cut may be on the cards

Securitisation volumes see a slump sequentially in Q4FY25, says ICRA

A few players, including private banks, who securitised higher volumes in Q2 & Q3, were less active in the final quarter of the financial year, analysts and bankers said

'RBI may again cut repo rate by 25 bps as inflation eases, growth slows'

In February, the RBI's Monetary Policy Committee, headed by Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent

Repo rate may be eased by 75-100 bps with inflation staying benign

The US has proposed a 26 per cent reciprocal tariff on India, which will take effect from April 9

Rupee strengthens to 84.95 intraday as dollar index continues to slip

The market was surprised with the central bank's decision to stay away from the foreign exchange market as it was an opportunity to buy dollars