Page 1264 - Finance News
Longer-term repos may not serve the purpose
Experts differ with Patel panel proposal of 56, 84-day term repos
 "Longer-term repos may not serve the purpose")
Rupee: No fair weather ahead but no storms either
Most of those polled expect rupee to move around 63 in near term
 "Rupee: No fair weather ahead but no storms either")
 "SBI undecided on QIP issue on weak market conditions")
 "IOB ties up with industry bodies to boost lending")
Status quo likely in RBI policy
Central bank hiked repo rate twice by 25 bps each in September and October last year
 "Status quo likely in RBI policy")
RBI talking tough but may not follow hawkish policy yet
Call on rates depends on whether the RBI believes the trend of lower inflation will continue
 "RBI talking tough but may not follow hawkish policy yet")
RBI may keep key policy rate unchanged on Jan 28
With inflation easing, there is renewed demand from the industry for a reduction in interest rates.
Banking shares under pressure ahead of RBI policy
YES Bank, ICICI Bank, BoB, BoI, IndusInd Bank, Canara Bank and PNB are down in the range of 4-6% on NSE.
 "Banking shares under pressure ahead of RBI policy")
Broader market to underperform if RBI policy is negative: Devangshu Datta
Check out the trading strategies in Nifty ahead of F&O expiry, Bank Nifty ahead of RBI Policy, Tata Motors and broader markets with Devangshu Datta, Technical Analyst
Rupee breaches 63 mark ahead of RBI policy
Losses in domestic shares, Asian currencies hurt
 "Rupee breaches 63 mark ahead of RBI policy")
New technologies to transform banking business in 2014: Infosys
According to the company, banks will move towards more simplification of their go-to-customer models
Private lenders focus on cost control to improve earnings
A shift in focus of banks towards improving efficiency and utilisation rates resulted in a decelerated rise of operating expenses for most private lenders in the October-December quarter as against th
 "Private lenders focus on cost control to improve earnings")
OBC launches e-KYC services
With this service, a customer can open an account with the bank without any hassles
 "OBC launches e-KYC services")
Banks gear up for pre-2005 note exchange rush
This is a good initiative as it will help remove fake currency which are in circulation,
 "Banks gear up for pre-2005 note exchange rush")
Only 67 mn mobile phones linked to bank accounts: NPCI
The corporation is the nodal agency under the Reserve that manages the national payment switch
 "Only 67 mn mobile phones linked to bank accounts: NPCI")
Rupee may stay under pressure next week
Experts see currency touching 63 a $ but rule out high volatility
 "Rupee may stay under pressure next week")
SBI to add 59 branches in Odisha by March end
Move will take SBI's branch network in the state to 789 from 730 at present
 "L&T Finance Holding expects 15-17% loan growth in FY'14")