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Bank Of Baroda
Will CRR cut help the investor, and stock market?
Posted by :
Leave it.Tracked by: 0 Boarder
When our RBI relaxed SLR many banks did not avail fully the available funds. If the liquidity increses,it will make available a sum of 60% of the needs,bankers say. Who are going tobe benefited in the stock market? Truly I do not know whether the individual is getting any benefits. As for industries, the lending rates are not reduced. The production figures will comedown and create increase in prices . The poor supply will be facing higher demand. you can see it in the IIP figures released today.
Those who do trading, margins are proportionately payable to the decrease in CMP and for that the banks will ask for more security to enhance the overdraft. Failing which the trader will sell the holding, to cover the difference. The trader should provide more margin money and for that provide more security to the bankers to avail OD. In a bear market he will not opt either but to sell his holding.
The main issue is revolving around the banks who have foreign exchange transaction or branches in another country. With the release of the cut in CRR they get more money and they can buy the dollors or pounds or euro to strenthen their branches in foreign countries and transactions. Otherwise, the image is lost.
As I am US and have interest in Foreign exchange dealings, I know how the branches of Indian banks sending calls to the head offices in India, to arrange for funds, to strengthen their kitty. This you would have noted that the cut in CRR has not reduced the decrease in index and infact it bagan to increase in an hour after knowing the cut. Only banks that shored dollors, like SBI advanced from minus to plus in the CMP. This is not peculiar to India.
Iceland went to the extent of nationalising the banks, to instil confidence as many English and Americal food ball players had their wealth accumulated there. When thei cheques could not be paid, the Govt. intervened. A small country. How long it can pull on. Yesterday Russia closed the market for the week.
So let us not think that the higher liquidity is directly made available to the traders and a trader will be tempted to avail it for margin cover in a bear market. There was rumour for an hour here in USA that The UK Govt. kas taken over all their banks which was later officially denied. The fiscal crisis has spread widely now in Europe as all those banks have banked their funds in US banks.
Just think about it. If CRR is expected to play a major role in a bear market and to help the trader and investors, why should the index show a fall of over 800points in sensex and 220 points in nifty.
I solicit your comments and have my views corrected.
v.krishnamoorthy...
BSE Announcements on Bank of Baroda
Posted by : MMB MessengerTracked by: 0 Boarder
Bank of Baroda has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 25, 2008, inter alia, to consider, approve and take on record the un-audited financial results of the Bank for the quarter / half year ended September 30, 2008 (Q2) and relevant segment reporting....
buy or hold bank of baroda
Posted by :
ABHALITracked by: 0 Boarder
even globel crises of stalk market only bank of baroda is a good for long term investor....
Resistance and Support level
Posted by : sankarantprTracked by: 0 Boarder
Will the banking stocks make a rally tomarrow with the welcome move by RBI
of reducing the CRR by 50bps points?
The Resistance and Support Level for tomarrow (07.10.08)
R1 296.40 R2 302.55 R3 309.65
PIVOT 289.30
S1 283.15 S2 276.05 S3 269.90
...
Increase the deposit Insurance cover
Posted by : Leave it.Tracked by: 0 Boarder
Dear friends,
You can see the difference how a bank in trouble or default is dealtwith in USA. There was a fiscal crisis. The senate met and took decisions collectively. whether it is wrong or right. There was a concerted attempt to discuss and to take a decision.
Here our PM and FM give ratio/TV talks and RBI issues statements.
The Govt. thinks that the other leaders are not worthy of consutation.There will be divergent views always. That is why we call for a discussion.
Now the political parties also do not comment on the Govt. attitude, so that some corrective steps are visibly taken. The opposition parties also to be blamed. When they meet , they simply make noice or stage walk out, without discusing the issues involved and that helps the Govt. to have a cake walk.
I am now concerned with the safety of lacs of depositors.The deposit insurance cover is also not increased. There is no voice from the economists,media and share market commentators. Here in USA, we have cover for an account upto 2.5 lacs US dollors. The trade unions like AIBEA and FCII are not touching this aspect. Are they not having bank accounts? It is really very unfortunate that the biggest union AIBEA which was able to give a call for all India Strike for two days, do not send any single point for the protection of bank deposits.Thwy all think that the PSU banks are not vulnarable for the crisis.Why they they have alimited cover for one lac of rupees.It is learned that mutual funds are also selling some holdings in NIFTY.
The fiscal crisis has spread to Europe.As there are many small countires, a concerted action to face the world economic crisis is not possible. In Ireland, the Govt. immediately covered with insurance for six banks . Is it not a signal to the country leaders? Perhaps all our radars are lent to Srilanka Govt.
I do not know when we all will see the reality. God alone should save this country...
buy or hold bank of baroda this level
Posted by : ABHALITracked by: 0 Boarder
if you are long term investor buy or hold bank of baroda this level you will get 35% return from here within six month....
BUY BANK OF BARODA
Posted by : zoombusinessTracked by: 0 Boarder
BUY BANK OF BARODA 311 TGT .........................SL 305
courtesy stoxandmore...
Bank of baroda
Posted by : zoombusinessTracked by: 0 Boarder
Call received but missed to load
Buy Bank Of Baroda Cmp 307-309 Tgt 313 ,321 Sl 300...
Buy Bank Of Baroda
Posted by : zoombusinessTracked by: 0 Boarder
Buy Bank Of Baroda ........................
NSE Announcements on Bank of Baroda
Posted by : MMB MessengerTracked by: 0 Boarder
Bank Of Baroda has informed the Exchange that "Smt. Masarrat Shahid ceased to be Director on the Board of the Bank consequent upon the completion of her term. Smt. Shahid was appointed as Director on the Board of the Bank under section 9(3)(h) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 vide Government Notification No.9/29/2005.B.OI dated 15th September 2005 for a period of 3 years"....
BSE Announcements on Bank of Baroda
Posted by : MMB MessengerTracked by: 0 Boarder
Bank of Baroda has informed BSE that Smt. Masarrat Shahid ceased to be Director on the Board of the Bank consequent upon the completion of her term.
Smt. Shahid was appointed as Director on the Board of the Bank under section 9(3)(h) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 vide Government Notification dated September 15, 2005 for a period of 3 years....
buy or hold bank of baroda
Posted by : ABHALITracked by: 0 Boarder
if you are investor. buy or hold bank of baroda for one year. you will get 35% return from here....
I am holding BOB at 231
Posted by : nrd16Tracked by: 0 Boarder
It looks likes its\\\\\'s stcu around 280-310.Is there any chance of it coming down....
What to do with BOB
Posted by : ABHALITracked by: 1 Boarder
if you can invest for six month should you have to hold bank of baroda othervise you sell to day....
In reply to:
What to do with BOB
Posted by : Guest
I hold sep fut BOB at 328.50 should i hold or sell 
What to do with BOB
Posted by : david singhTracked by: 1 Boarder
wrong move come out of it. first target 299, second 290....
In reply to:
What to do with BOB
Posted by : Guest
I hold sep fut BOB at 328.50 should i hold or sell
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