Banking Finance News

Indian rupee falls to 1-week low of 60.94 Vs US dollar as stocks drop

Today's closing level is the rupee's weakest level in a week as it had closed at 61.05 on September ...

Indian rupee trims initial gains, still up 4 paise to 60.91 against US dollarIndian rupee can be seen in 60:50 and 61:30/50 range: Anindya Banerjee
Opportunity for issuers to raise offshore funding: Manmohan Singh, RBS
With credit spreads at their lowest in seven years, many Indian companies could venture into the off...

Talent, leadership requirements need to be planned over 5-10 yrs: RBI panel

The Committee on Capacity Building in Banks and Non-Banks underscored the alignment of human resour...

Manappuram Fin set to enter microfinancing biz via M&As

Kerala-based gold loan firm Manappuram Finance plans to enter the business of micro-financing by acq...

Indian rupee likely to end 2014 at 61 despite strong US dollar: BofA-ML

Sensitivity of Asian currencies, including Indian rupee to US dollar has 'fallen' this year...

Rupee is seen trading in a range of 60.60 to 61.20

Indian rupee opened weak at 60.94 due to stable overseas dollar movement...
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PSBs $37 bn short of meeting Basel-III
Banks may tap the equity markets to raise capital, but with valuations low, they could struggle to r...
Indian rupee down 11 paise against US dollar in early trade
The rupee fell by 11 paise to 60.93 against the US dollar in early trade today at the Interbank Fore...
Indian rupee ends a paisa down at 60.82 Vs US dollar in lacklustre trade
At the Interbank Foreign Exchange market (Forex), the domestic unit commenced lower at 60.85 a dolla...
Telangana govt releases Rs 4,250 cr to banks for loan waiver
Speaking to media after the meeting, minister for agriculture P Srinivas Reddy said the Telangana Ra...
Union Bank of India enrols 9,500 villagers in Gujarat under financial inclusion plan
Besides enrolling new bank accounts, the BCs will provide access to various banking products, such a...
As idle cash piles up, banks under pressure to cut deposit rates
SBI chairman Arundhati Bhattacharya had said in a recent interview with FE that SBI is giving loans ...
Punjab National Bank approves 1:5 share split
State-owned Punjab National Bank has approved sub-division of one equity share into five with the ai...
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.
ICICI Bank says 5% of total transactions done via mobile phone
ICICI bank today launched four new mobile applications.
Rupee seen trading in a range of 60.60 to 61.20
Indian rupee opened weak at 60.85 and then made a intraday low of 60.88...
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...
State-run banks in India need $37 bn in fresh capital to meet Basel III: Moody's
Moody's estimate based on assumptions there would be a recovery in the Indian economy.
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.
Easing liquidity may make RBI less hawkish: Deutsche
Deutsche Bank says continued foreign inflows into India and rising savings could keep liquidity easy...
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
Indian rupee trading flat against US dollar at 60.85
Indian Rupee trading at 60.77/78 versus Friday's 60.81/82 close.
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Some PSUs not allowing GIC to compete for A/Cs on fair terms
The company has managed to bag reinsurance accounts of only a few large domestic companies...
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