Page 1332 - Finance News
Dena Bank's profitability may dip further in FY14: India Ratings
Long term issuer rating affirmed at 'AA-'
Under Rajan, RBI to focus on currency; rupee to hit 69: Poll
Indian economy is caught in a quagmire of slow growth, high inflation, rickety government finances and a tumbling currency
 "Under Rajan, RBI to focus on currency; rupee to hit 69: Poll")
Govt banks will find it difficult to raise equity
Seven banks are trading at a third of their book value. Another 11 are trading at less than half of their book value, indicating investors' pessimism about the sector
 "Govt banks will find it difficult to raise equity")
RBI increases rate of interest subvention on export credit
Rupee ends weak by 1.52%, amid month-end dollar demand from importers
 "RBI increases rate of interest subvention on export credit")
 "Rupee drops 1.5% on dollar demand from importers")
RBI to infuse Rs 8,000 cr via OMO to ease liquidity in market
OMOs are conducted by the RBI by way of sale/purchase of government securities to/from the market with the objective of adjusting rupee liquidity conditions in the market
 "RBI to infuse Rs 8,000 cr via OMO to ease liquidity in market")
RBI increases rate of interest subvention on export credit
Rupee ends weak by 1.52% as month-end dollar demand from importers continue
 "RBI increases rate of interest subvention on export credit")
Federal Bank seeks nod to hike FII limit to 65%
Foreign shareholding in bank has crossed overall limit of 49%
 "Dalal Street pins hopes on rupee's strength")
Upward pressure on interest rates
Else, more capital outflow and pressure on rupee likely
 "Upward pressure on interest rates")
 "Fed's Lockhart 'comfortable' with September taper")
 "Banks plan to open 2,361 branches in next 2 years in Odisha")
 "Interest rate hike may marginally impact car sales: Dealers")
Rise in dollar to bring Asia to 90s like situation
Speedier rise in US real rates and dollar have now pushed Asia to lift its real rates
 "Rise in dollar to bring Asia to 90s like situation")
Falling rupee takes shine off India's apple imports: USDA
India, world's third-largest producer of apples, faces local supply gap due to seasonality, geographical separation and limited infrastructure
 "Falling rupee takes shine off India's apple imports: USDA")
Market value of IT cos gain in Aug as rupee tumbles
Hexaware Tech's market value stands at Rs 3,607 crore against Rs 3,416 crore at start of month, registering a gain of 5.6%
 "Market value of IT cos gain in Aug as rupee tumbles")
Govt has not drawn any red line on rupee value: Montek
Last week, rupee touched an all time low of 65.56 against dollar on Thursday
 "Govt has not drawn any red line on rupee value: Montek")