Total amount of cash-equivalent collateral that investors put in the ecosystem in an average day is around Rs 4.5 lakh crore, the SEBI whole-time director said
The technology is also being used to check the compliance level of initial public offering (IPO) documents
This is after the regulatory crackdown on AIFs that were helping- regulated lenders hide stressed assets
“While the language is cautious, trajectory of CPI will determine further rate cuts,†Anant Narayan, Head - Financial Markets, Standard Chartered Bank says adding that going to 4 percent inflation by March 2018 is looking difficult as of now.
Anant Narayan of Standard Chartered Bank, said that the current trend of risk-on play should continue. “We are seeing inflows coming through,†he said, adding that FCNR repayment ought to be contained. He believes the RBI will continue to mop up dollars.
The RBI today cut the repo rate, or the rate at which the central bank lends to banks, by a surprising 50 basis points (bps). Most corporates and economists hailed the move terming it a pre-festive bonanza.
The rupee market is expected to open at 62.25/dollar as crude is lower today, says Anant Narayan of Standard Chartered.
We expect the 10-year benchmark yield to trade between 7.68-7.72 percent ahead of the Budget, says Anant Narayan of Standard Chartered.
The rupee could be weak on overnight dollar strengthening. The range for the day is seen between 60.10-60.40/USD, says Anant Narayan, Standard Chartered Bank.
Anant Narayan, Co-Head of wholesale banking, South Asia, Standard Chartered Bank does not see the fall in rupee abating soon and S Narayan, former finance secy sees RBI's status quo on rates as a message to the government to address rising food infaltion and stem currency fall.
Anant Narayan of Standard Chartered Bank however, is bullish on the Indian currency for the short term. However, the trade deficit still remains a cause of concern, he opined.
While the decision to leave the policy repo rate unchanged at 8.00 percent was in line with most forecasts, expectations for a rate cut had grown slightly after data on Friday showed wholesale inflation cooled to its weakest pace in 10 months in November.
The rupee fell to as low as 56.49 in early trade, just off a record low of 56.52 hit on May 31. In an interview to CNBC-TV18, Anant Narayan of Standard Chartered Bank says, the mood is pretty somber. "Is the market clear that there is something to stop it going to 58 or 60? No, it is not. So that cannot be ruled out as a possibility," he adds.
The rupee has started 2012 on a strong note. Anant Narayan, MD-regional head of fixed income & currency trading - South Asia at Standard Chartered Bank says, the sentiment has changed for the Indian currency. “Rs 49 per dollar cannot be ruled out."
Anant Narayan, MD- Regional Head of fixed Income & Currency Trading (South Asia) of Standard Chartered Bank expects yields to soften ahead of the Reserve Bank policy meet this month.
The Indian rupee started the day below the Rs 54 mark and is now around Rs 54.21 levels. There has been a sense of shock in the currency market for the last few months, said Anant Narayan, managing director and regional head of fixed income and currency trading of South Asia at Standard Chartered Bank.
Anant Narayan, MD- regional head of fixed income and currency at Standard Chartered Bank says, the medium-term prospects for rupee still look little bleak. “The climate has to improve for the rupee to resume its strengthening mood.”
Anant Narayan sees bond yields coming back to 8.5% by March of 2012. But, if there are indications that monetary tightening is not over yields could shoot towards 8.80-8.85% even 8.90%.
The 10-year yield is seen between 8.30-8.40%, says Anant Narayan, Standard Chartered Bank.
Anant Narayan, managing director- regional head of fixed income and currency trading- South Asia, Standard Chartered Bank believes that the huge interest rate differentials between India and the developed world will work in favour of the rupee.
Anant Narayan, managing director and regional head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank said that crude oil is coming off after S&P downgraded US debt ratings and it may help pushing up the rupee in the long run.
In a move that shocked the street, the Reserve Bank of India today raised repo and reverse repo rates by a higher-than-expected 50 basis points (bps) each. Bu
In an interview with CNBC-TV18, Anant Narayan of Standard Chartered Bank said that the recent appreciation seen in rupee against the dollar has been on the back of strong foreign institutional inflows (FIIs).
In an interview with CNBC-TV18, Anant Narayan, Standard Chartered Bank said that inflation is an endemic problem for India. “We expect 50 basis-points rate hike to come through, most likely one in the July policy,” he added.
High inflation has led to speculations that the RBI will increase rates in the mid-quarterly policy review, due on June 16. However, Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank says there is an outside chance that the RBI might move in for a 50 basis points hike.