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Saikat Das

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Are big ticket dollar bids adding to rupee volatility
May 24, 2012 at 16:43 | Source: Moneycontrol.com
The big ticket dollar bids by public sector units (PSUs) to meet their business requirement, is aggravating volatility in the dollar-rupee forex market. This creates artificial demand for the greenback. The Indian rupee shows no sign of respite from its free falling, despite repeated measures taken by the Reserve Bank of India (RBI).
Swiss Re may buy 26% in L&T's proposed health insurance JV
May 21, 2012 at 16:50 | Source: Moneycontrol.com
Engineering major Larsen & Toubro (L&T) is likely to tie up with Zurich-headquartered Swiss Re, a global reinsurer, for a joint venture in health insurance. Swiss Re would pick up 26% in the proposed JV, sources said.
Syndicate Bank eyes 6% higher growth in FY13 retail credit
May 15, 2012 at 14:20 | Source: Moneycontrol.com
Syndicate Bank does not count among the markets favoured bets in the banking sectors at the moment. In the last one year, the banks shares tanked 21%, compared to a 14% decline in the benchmark Bankex. Declining profits and lack of a clear growth plan were the key factors for the underperformance.
Axis, BoI, UCO among top loan recast candidates in April
May 07, 2012 at 12:07 | Source: Moneycontrol.com
Lenders from both public and private sectors ranked higher in the two big loan restructuring cases referred to Corporate Debt Restructuring (CDR) cell in April, 2012: Tayal group of companies (total eight entities) at around Rs 2800 crore and ICOMM Tele, a Hyderabad-based turnkey project solution provider at Rs 1,350 crore.
This is how RBI wants banks to reach smaller villages
Apr 28, 2012 at 15:46 | Source: Moneycontrol.com
In its annual monetary policy the Reserve Bank of India (RBI) directed banks to extend banking services to villages below 2,000 populations. The regulator asked banks to prepare a roadmap for this. Meanwhile, the regulator is taking the matter with grave importance.
ICAI moves SEBI for changes in company compliance norms
Apr 16, 2012 at 12:18 | Source: Moneycontrol.com
The Institute of Chartered Accountants of India (ICAI) has approached the capital market regulator the Securities Exchange Board of India for a four-pronged change in company compliance norms. Last week, the accounting regulator met the SEBI chairman U K Sinha to apprise him on those issues.

Videos »
RBI allows non-banks to set up ATMs, lays draft guidelines
Worst is over, eyeing NIM at 3.80%: SBI Boss
Allahabad Bank Q3 net up 35% on robust loan growth
ICICI Bank beats estimates, Q3 net up 20% to Rs 1,728 cr
LIC Housing Q3 net up 43% aided by provision write back
more »

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