Aug 24, 2016 at 11:21 | Source: CNBC-TV18
Ashwani Gujral of ashwanigujral.com is of the view that Indian Bank may test Rs 260 and Lakshmi Vilas Bank may hit Rs 185.
Aug 24, 2016 at 09:03 | Source: Moneycontrol.com
We expect the USD-INR pair to trade in a range of 67.02-67.17/dollar today, says NS Venkatesh of Lakshmi Vilas Bank.
Aug 24, 2016 at 08:03 | Source: Moneycontrol.com
Indian ADRs ended higher on Tuesday. ICICI Bank added 0.41 percent and Dr Reddy's Laboratories gained 0.98 percent.
Aug 23, 2016 at 13:50 | Source: PTI
In a bid to shore up cash-strapped public sector banks, the government last month announced infusion of Rs 22,915 crore capital in 13 lenders including SBI and Indian Overseas Bank to revive loan growth that has hit a two-decade low.
Aug 23, 2016 at 09:02 | Source: Moneycontrol.com
We expect the USD-INR pair to trade in the 67-67.50/dollar range in the near term, says Ashutosh Raina of HDFC Bank.
Aug 23, 2016 at 08:16 | Source: Moneycontrol.com
Indian ADRs ended lower on Monday. Tata Motors slipped 0.84 percent and ICICI Bank was down 1.60 percent.
Aug 22, 2016 at 12:50 | Source: PTI
"This is the second instance after the decision to retain the inflation target of 4 percent (+/-2 percent range), where the government has demonstrated that inflation will remain a policy priority," DBS said.
Aug 22, 2016 at 12:12 | Source: PTI
As of 11:00 AM (0530 GMT), the IPO, the first by an Indian bank since 2010, had received bids for 39.1 million shares, or 1.03 times the 37.9 million shares on offer. The sale closes on Tuesday.
Aug 22, 2016 at 11:18 | Source: Reuters
The benchmark 10-year bond yield rose 4 basis points to 7.14 percent, while the rupee fell to a near one-month low of 67.17/67.18 to the dollar, compared with its close of 67.07.
Aug 22, 2016 at 08:46 | Source: PTI
"It is a brilliant choice. Urjit Patel is the architect of the new monetary policy agreed upon by the Finance Minister and the RBI. He has a sharp mind and lots of experience in the bank. I congratulate the government on such an excellent choice," Indian-origin British politician and economist Meghnad Desai told PTI.