banking News

Indian rupee gains 15 paise to to 60.52 against US dollar

Rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on Thursday.

A higher opening in the domestic equity market also helped the rupee.

Rupee to dollar: Indian currency extends gains; broad US dollar rally post Fed minutes aidsIndian rupee appreciated by over 0.6% vs US dollar
The bank reported 18.3 per cent growth in net profit at Rs 1,667 crore for the first quarter ended June 30, 2014-15. (reuters)
Axis Bank to raise Rs 6,000 cr from bonds
Axis Bank said, it proposes to raise Rs 6,000 crore from bonds to fund its business growth.

Finance Minister Arun Jaitley: PSU banks need to manage risks better

His comments come in the backdrop of a number of scams in state-owned banks over the past month.

To check market volatility, RBI sets new guidelines for NBFCs

Reserve Bank of India on Thursday tightened the norms for lending against shares by non-banking fina...

‘Interest subvention in farm loans hasn’t helped’

The Reserve Bank of India (RBI) has raised concerns on interest subvention for short-term agricultur...

Bad loans mount for PSBs as corporates default on payments

The banking system’s asset quality deteriorated during 2013-14, mainly reflecting the performance of...
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Banks' single group exposure cap high; review in 2014-15: RBI
the priority sector lending guidelines have not kept pace with the changing economic priorities, say...
Rupee benefiting from inflows, but future trend depends on US Fed
Over the last one week, Indian rupee has outperformed many of its peers in the global market.
Indian rupee snaps 3-day rise, closes 6p down Vs US dollar
Breaking its three-session string of gains, the Indian rupee today...
Rupee to dollar: Appreciation expected
Indian rupee opened weak at 60.72 and then made a low of 60.7950...
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.
Indian rupee snaps 3-day gains on broad dlr rally post Fed minutes
Indian rupee weakened slightly, snapping a three-day rising streak, as the US dollar...
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...
Govt working to tighten up banking risk management, says FM Arun Jaitley
Arun Jaitley's comments follow launch of an investigation into Syndicate Bank MD bribery case.
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.
India Banking Finance Tracker: Deposit and credit growth diverge
For the fortnight ending 08 Aug’14, credit growth decelerated sharply to 11.6%, from 13.3% the earli...
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
Rupee to dollar: Indian currency extends gains; broad US dollar rally post Fed minutes aids
Indian rupee trading at 60.77/78 versus its close of 60.61/62 against US dollar on Wednesday.
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Microfinance Institutions lap up PM Narendra Modi's fin inclusion drive
Comprehensive fin inclusion plan was announced by PM Narendra Modi in his I-Day speech.
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 down 13 paise against US dollar in early trade
fresh demand for the US dollar from importers also put pressure on the Indian rupee.
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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