Aug 30, 2014 at 16:35 | Source: PTI
"For FCNR (B) deposits, in USD, the revised interest rate has been revised to 2.34 percent (from 2.36) for deposits of one year and above but less than two years", the Chennai-based bank said in a statement
Aug 27, 2014 at 19:27 | Source: PTI
"The financials have been the biggest overweight for FIIs for a long time. However, the overweight in financials has seen a massive jump at 10.5 times (it is now 10.5 percent) due to reduction in MSCI weight of HDFC Bank due to FII restrictions," the report said.
Aug 23, 2014 at 16:17 | Source: PTI
Reserves had fallen by USD 643.3 million to USD 319.347 billion in the week to August 8, while it had dropped by USD 573.5 million to USD 319.99 billion in the week to August 1 after touching close to the life-time high of USD 321 billion in the previous week.
Aug 22, 2014 at 17:59 | Source: CNBC-TV18
The bank in its petition has reiterated that parent HDFCs stake in the bank is not foreign.
Aug 22, 2014 at 17:02 | Source: CNBC-TV18
HDFC Bank saw late surge, up 1.8 percent. Source-based reports (after market hours) indicated that the bank sent fresh petition to government for raising FII investment limit to 74 percent. It is learnt that the bank in petition reiterated that HDFCs stake in bank is not foreign.
Aug 13, 2014 at 18:29 | Source: Moneycontrol.com
RBI has stated that the company has passed resolutions at its Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for purchase of its equity shares and convertible debentures by FIIs.
Aug 10, 2014 at 22:06 | Source: PTI
Under pressure from India and other countries, Switzerland has made key changes in its local laws governing assistance to foreign nations in their pursuit of black money allegedly stashed in Swiss banks.
Aug 08, 2014 at 15:25 | Source: Reuters
Mirza Baig, head of foreign exchange research in Asia for BNP Paribas, expects the rupee to trade in a range, then weaken slightly to 62.00 in a year due to a strengthening US dollar.
Aug 08, 2014 at 13:20 | Source: Moneycontrol.com
Kotak Mahindra Bank Directors have approved issuance of securities in the nature of non-convertible debentures, in Indian/foreign currencies in the domestic and/or overseas markets for an amount upto Rs 5000 crore on a private placement basis.
Aug 06, 2014 at 11:55 | Source: Moneycontrol.com
RBI Governor Raghuram Rajan said the central bank does not manage liquidity through foreign exchange markets. It is not a long term tool that RBI relies on.