Page 1433 - Finance News

Full Text: Mid-Quarter Monetary Policy Review: June 2013

RBI statement on monetary policy

CII disappointed with RBI's status quo on policy rates

Says, both growth, inflation dynamics currently call for accomodative monetary policy, instead RBI has taken a cautious stand

Expert views on RBI policy

The RBI also called for vigilance over global economic uncertainty, citing the risks of a reversal of capital flows from emerging markets

Rupee strengthens marginally after RBI's policy statement

The Indian unit was trading at Rs 57.75 vs the dollar compared to Rs 57.85 before the policy statement

Rate sensitive shares fall as RBI keeps key policy rates unchanged

Indiabulls Real Estate, HDIL and Unitech from realty and Allahabad Bank, Canara Bank and Bank of India from banking sector are down more than 2% each on BSE.

Central banks could hold sway over markets

No rate cut to harden bond yields; rupee might weaken

Many experts believe RBI will maintain a status quo on key policy rates on Monday

CD rates remain elevated despite liquidity comfort

Fall in inflation adds to RBI's dilemma

There's need to address growth, but weak rupee putting pressure on prices

If RBI can't cut CRR, let them pay us interest on it: SBI

Most analysts expect the RBI to hold rates during its mid-quarter monetary policy review on June 17

SBI eyes Rs 1,500 cr net from domestic treasury ops

SBI treasury, which is the second largest in the country after LIC's, chipped in Rs 810 crore to the total profit last fiscal

Shriram Group to go ahead for bank license application

Group will have a board meeting this week where board will formally give its go ahead for application

CDs continue to remain elevated amid high supply

Certificate Deposits are promissory note issued by banks and are short-term instruments of fund raising

No rate cut to harden bond yields; rupee may weaken

The street also of the view that RBI may again flag CAD as a concern on Monday due to which rupee may weaken next week

SBI advance tax payment marginally up by 2.5%

Banks have paid higher advance tax in Q1; Despite sluggish loan growth, they may post higher profits in the quarter

Banks pay more advance tax this quarter

Companies are required to pay 15 per cent of their total advance tax in the first quarter

Fitch upgrades outlook of 10 Indian financial institutions to stable

NPAs not alarming, says SBI chief

We have got a good handle on the NPAs the accretion of which has somewhat halted, says SBI chairman Pratip Chaudhuri.

Rate transmission likely to be RBI's key focus

Top 5 banks of the country reduced their base rate by maximum 15 bps following the repo rate cut by RBI this year

Drop in inflation can pave way for rate cut:India Inc

Industry chamber Ficci asked the RBI to consider a rate cut and persuade banks to pass on benefits to borrowers