Page 1348 - Finance News
Stability-oriented monetary policy: S S Mundra
RBI is confident sufficient business would continue to flow to the banking sector in the second half of 2013-14
 "Stability-oriented monetary policy: S S Mundra")
Milder stance compared to last policy: Keki Mistry
Bond yields, which had spiked sharply following RBI's liquidity tightening measures, softened after the policy announcement
 "Milder stance compared to last policy: Keki Mistry")
Real estate sector needs incentives: Rajeev Talwar
Industry is not asking for any stimulus or any additional measure. It is just looking for ways of promoting growth
 "Real estate sector needs incentives: Rajeev Talwar")
RBI shoulders arms: Sajjid Chinoy
RBI stayed on hold, signalling that the unconventional monetary tightening was meant to be temporary
 "RBI shoulders arms: Sajjid Chinoy")
Rupee might fall further; bond yields expected to rise
Rupee ended at 60.49 a dollar on Tuesday compared with the previous close of 59.42
Barclays to raise $12-bn new capital
As part of its efforts to raise new funds, the bank said on Tuesday that it would raise £5.8 bn through a rights issue of stock
 "Barclays to raise $12-bn new capital")
JPMorgan to pay $410 mn to settle US energy market probe
Of the $410 mn, $124 mn will go to the California electric-grid operator and $1 mn will go to an operator in the Midwest
 "JPMorgan to pay $410 mn to settle US energy market probe")
Oil counters skid on slick rupee
HPCL, BPCL, IOC cracked in the range of 8-11% on BSE
 "Oil counters skid on slick rupee")
Reserve Bank commentary hits market sentiment
Sensex drops 245 points to close at 19,348
 "Reserve Bank commentary hits market sentiment")
City Union Bank to raise Rs 700 cr
Bank's total capital requirement, to clock additional Rs 30,000 crore business by 2016-17, is around Rs 3,000 crore
 "City Union Bank to raise Rs 700 cr")
Rate cuts at least 3 mths away as not much room to ease: HSBC
Says the big question that poses is if external stability concerns will recede anytime soon
 "Rate cuts at least 3 mths away as not much room to ease: HSBC")
Lower GDP growth forecast is India Inc's number one worry: CII
Says lowering of economic growth projection will impact jobs
'Monetary authorities have chosen stability over uncertain growth'
Indian Overseas Bank MD says moderation in headline inflation had raised hopes of a rate cut to stimulate growth
 "'Monetary authorities have chosen stability over uncertain growth'")
Issuing sovereign bonds won't help India much: RBI
Governor Subbarao says the cost of a sovereign bond issue outweighs the benefits at current juncture
 "Issuing sovereign bonds won't help India much: RBI")
RBI Policy: Banks cautious, not to raise rates in the near term
K R Kamath tells RBI it is difficult to maintain high CRR balance
 "RBI Policy: Banks cautious, not to raise rates in the near term")
RBI Policy impact: No change in your EMI on loan for now
A fall out of the development implies that your equated monthly instalment (EMI) on a loan also remains unchanged, at least for now
 "RBI Policy impact: No change in your EMI on loan for now")
India Inc not happy with status quo on rates
Most of CFOs, CEOs say they were expecting some relief on interest rate front
Take urgent steps to contain CAD or risk further rupee fall: RBI
It said that the large CAD was a formidable structural risk factor
 "Take urgent steps to contain CAD or risk further rupee fall: RBI")
Rupee breaches 60/dollar after RBI policy
This was the first time after July 15 that rupee crossed the level
 "Rupee breaches 60/dollar after RBI policy")
RBI promises to roll back tough liquidity tightening steps
RBI Governor said that the withdrawal of the measures would enable monetary policy to revert to supporting growth
 "RBI promises to roll back tough liquidity tightening steps")