Banking Finance News

Indian rupee resilient despite global market volatility

Indian rupee is the second biggest gainer against dollar among Asia ex-Japan FX this month.

Indian rupee gains on positive China trade dataInternational gold price should bottom around $1,050-$1,100 per ounce
US Dollar managed to climb as high as 61.95 levels on spot, before coming under hedge related selling from the exporters. Reuters
60.60/61.00 and 62.00/62.10 range set to play out for rupee: Anindya Banerjee
We were expecting a sharp rally towards 62.00 handle on spot, on the back of risk-off in the global ...

Rupee to dollar: Indian currency trades lower after diesel deregulation, election results

Indian rupee to US dollar trades at 61.22 compared with Friday's 61.44/45 close.

LIC Housing Fin Q2 rises 10 pc at Rs 341 crore

LIC Housing Finance's net profit in the second quarter ended September 2014 rose by 10 per cent to R...

Axis Bank net up 18% at Rs 1,611 cr

Bank credits Q2 numbers to 20% jump in interest income, 10% rise in other income

Expect rupee to trade with a positive bias towards 60.90/61 in the near term, says Hemal Doshi

Indian rupee opened firmer at 61.68 due to firm Asian currencies...
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Forex reserves up $.1.31 bn
Foreign exchange reserves rose by $.1.31 billion in the week ended...
Indian rupee snaps two-day fall, rebounds 39 p vs dollar to end at 61.44
Tracking a recovery in local shares, the Indian rupee today snapped...
Four PSBs a step closer to meeting Basel-III norms as govt nod for stake sale paves way
Six other lenders may get clearance soon to conduct institutional stake sale
Axis Bank eyes festive season & peers, cuts base rate to 10.15%
Despite cut, rate still higher than HDFC Bank, SBI; analysts call move well-timed
Saradha group chit fund scam: Sudipta Sen sent to judicial custody
Police did not seek his further remand for Sudipta Sen, the chairman of the Saradha Group.
At Rs 240.3 cr, Federal Bank net rises 6.42%
Private sector lender Federal Bank on Thursday reported a net profit of Rs 240.3 crore...
Indian rupee up 19 paise against US dollar in early trade
The Indian rupee recovered from over seven-month low by appreciating 19 paise to 61.64...
Cobrapost sting: NABARD chief gives clean chit to co-operative banks
RBI has maintained that no transaction has happened while the sting also does not point to money lau...
Central Bank of India, IDBI Bank eye sale of family silver to raise cash
Banks need to gather nearly $40 bn in capital over next 4 years to comply with 'Basel III' package o...
RBI or SEBI should create awareness against ponzi schemes: SBI
RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, says Pratip Chaudhuri.
Axis Bank slashes lending rate
Axis Bank cuts its base lending rate to 10.15 per cent with effect from October 15.
State Bank of India suggests RBI as single regulator for all home loans
A single regulator having same rules for all players would help remove regulatory arbitrage: SBI
Axis Bank cuts base lending rate by 10 bps; first to cut rates in months
Axis Bank Ltd, India's third-biggest private sector lender, said on Thursday it cut its base lending...
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Rupee tumbles to over 7-month low, down 42 paise vs US dollar
Indian rupee today plummeted to 61.93 and closed 42 paise down at over seven-month low...
Indian rupee logs biggest fall in a week vs US dollar
Indian rupee commenced lower from previous close of 54.77 and immediately touched 55.00.
Indian rupee posts biggest fall in a month on global worries
The Indian rupee posted its biggest single-day loss in a month, hurt by data showing a widening trad...
Overseas business margins under pressure: SBI
State Bank of India today said it would review returns from its foreign and domestic business.
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