INDIA-RUPEE-RISE:Rupee hits 2-1/2 mth highs on hopes for more measures
However, the rupee's session was slightly marred by higher-than-expected inflation
INDIA-RBI-POLL:RBI to keep rates steady as inflation jumps: Reuters Poll
Jumps 2%, further upside seen in near term
Meanwhile, credit growth was not keeping pace with deposit growth
Agrees lower interest rates needed to attract more investments
Defaulters' properties are now being sold by various banks on a dedicated portal called NPAsource.com
Regulator has asked banks to review existing technology and MIS framework and strengthen systems for early detection of signs of distress at individual account level as well as at segment level
The highest tax payer this quarter so far is LIC as the insurer paid advance tax of Rs 1,300 cr
Regulators are close to taking action against JPMorgan Chase for insufficient safeguards. The agency is also scrutinising several other Wall St giants, including BofA
Fed promised to keep buying bonds until it felt comfortable that the jobs market was properly back on its feet
The decision would be taken in the next couple of months
Move to accelerate legal action in NPA cases and save on cost
Thursday's diesel price hike initially prompted market participants to speculate that RBI may lower interest rates on Monday