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Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts

Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.

See high probability of rate cut in June: HDFC Bank

Ashish Parthasarthy, Head Treasurer, HDFC Bank sees rupee in range of 62-63 to the dollar.

See CAD, BoP improving; 10-year at 9%: HDFC Bank

Ashish Parthasarthy expects to see an improvement on the current account deficit(CAD) front as well as on the Balance of Payments (BoP).

Expect rupee in 61-63/$ range for next 2 months: HDFC Bank

Ashish Parthasarthy of HDFC Bank believes the Indian currency will be broadly in the range of 61-63 against the dollar in the next two months.

Repo rate may surge; RBI must bring OMCs back in mkt: Pros

Experts believe that the Reserve Bank of India will hike the repo rates soon though it will be advisable that the central bank considers factors like the inflation which will be released at the end of this week.

RBI move to lower short-term rates; see repo hike: HDFC Bk

HDFC Bank sees a 50 basis points fall in the short term after RBI cuts the marginal standing facility (MSF) by 50 bps on Monday

Looking to raise FCNR(B) deposits in 2 months: HDFC Bk

According to Ashish Parthasarthy, after RBI issues free bank-branching circular, opening of new branches will become easier. He adds that the measures issued by the new RBI governor, if executed well, will change the landscape of banking in longer-term

Don't expect many takers for yeilds above 8%: HDFC Bank

Ashish Parthasarthy believes if RBI measures prove to be temporary in nature, the certificate of deposit (CD) rates will come down below 10 percent unless the crisis extends and the rupee continues to be under pressure.

Repo cut for now, govt spending key to CRR cut: Experts

Ashish Parthasarthy of HDFC Bank believes the central bank may only opt for a repo rate cut without a cash reserve ratio or CRR cut.

For FIIs, secondary mkt an option to buy bonds: HDFC Bank

Absence of open market operations (OMOs) will hurt the bond market opines Ashish Parthasarthy, treasurer, HDFC Bank.

See rupee in 55-56 range in short-term: HDFC Bank

In an interview to CNBC-TV18, Ashish Parthasarthy, head treasurer, HDFC Bank says that the rupee could see a range of 55-56 in the extreme short-term. "We are not looking at any major moves beyond these boundaries," he adds.

See rupee in 54.50-56.50 range in near-term: HDFC Bank

In an interview to CNBC-TV18, Parthasarthy says, on the downside, 54 would be a reasonably strong support. "We do not see too much of appreciation from here. The range possibly is 54.50-56.50 in the near-term," he asserts.

Don't see major rally in Re due to EEFC flows: HDFC Bank

Ashish Parthasarthy of HDFC Bank does not expect significant rally on the rupee due to the EEFC flows.

Govt to team up with RBI to boost weakening Re: HDFC

Ashish Parthasarthy, head treasurer, HDFC Bank explains to CNBC-TV18 that the government and the RBI will have team up to implement initiatives that will keep the rupee firm in the long-term

Expect 60% of gross borrowings done in 1st half: HDFC Bank

Ashish Parthasarthy of HFC Bank expects 60 % of the gross borrowings done in the first half.

See 10-year yield in 8.25-8.75% range till Mar: HDFC Bank

Bond markets are presenting an interesting position. Ashish Parthasarthy of HDFC Bank expects 10-year bond yields to be in a broad range of 8.25-8.75% from now till March. He also mentioned that a cash reserve ratio (CRR) cut is reasonably expected. Moreover, his forecast for the credit growth is around 17-17.5%.

HDFC Bank sees possibility of rebound in rupee

Parthasarthy expects to see a bounce back in the rupee if global markets and European markets show signs of stability for number of days.

Lending, deposit rate hike in-line with market: HDFC Bank

Following footsteps of the State Bank of India, which raised its rates by 75 bps on May 11, HDFC bank, India’s private sector banking major, has hiked its lending rates by 55 basis points to 9.25%; the rate hike will be effective from May 12.