Ns Venkatesh

AMFI appoints Venkat Nageswar Chalasani as chief executive

Chalasani brings with him more than forty years of experience in banking and treasury operations.

NS Venkatesh to be new AMFI CEO: Sources

Venkatesh is currently the Executive Director & Chief Financial Officer of Laxmi Vilas Bank. Prior to this, he was the Executive Director and Chief Financial Officer at IDBI Bank.

Rupee to trade in 64.90-65.35 range: NS Venkatesh

We expect the 10-year benchmark bond yield to trade in a range of 6.65-6.70 percent today, says NS Venkatesh of Lakshmi Vilas Bank.

USD-INR to trade in 65.15-65.40 range: NS Venkatesh

We expect the bonds to trade in a very narrow range taking cues from the rupee movement, says NS Venkatesh of Lakshmi Vilas Bank.

Fed rate hikes can peg the rupee at 66.50/dollar: Lakshmi Vilas Bank chief

The rupee surged to a fresh 16-month high on Wednesday opening at Rs 65.40 for a dollar. The Indian currency was also the best performing currency in the world. The gain was led by strong FPI buying on Tuesday following BJP's landslide victory in Uttar Pradesh.

USD-INR seen between 66.60-66.83/USD range: NS Venkatesh

We expect the 10-year benchmark bond yield to take some cues from the USD-INR movement and trade rangebound between 6.82-6.86 percent, says NS Venkatesh, Lakshmi Vilas Bank.

USD-INR to trade in 66.78-67.08/USD range: NS Venkatesh

The 10-year benchmark yield is expected to open with a negative bias and trade within the range of 6.90-6.95 percent, says NS Venkatesh, Lakshmi Vilas Bank.

USD-INR pair to trade in range 67.30-67.60/USD: NS Venkatesh

The 10-year benchmark bond yield is expected to trade with a bout of volatility in the range of 6.37-6.45 percent today, says NS Venkatesh, Lakshmi Vilas Bank.

Rupee to move in range of 67.82-68.08/USD: NS Venkatesh

The bond market is expected to trade in a range of 6.38-6.43 percent today, says NS Venkatesh, ED, Lakshmi Vilas Bank.

Expect rupee to open at 68.26/dollar: NS Venkatesh

The rupee will take cues from the equity market movement as well as the minor weakness of USD against the major currencies, says NS Venkatesh of Lakshmi Vilas Bank.

Rupee seen between 68.20-68.55/USD range: NS Venkatesh

We expect the 10-year benchmark yield to trade in a range of 6.42-6.46 percent today, says NS Venkatesh, Lakshmi Vilas Bank.

Bankers bet on normalcy returning in month, flag sectors in pain

Arun Tiwari, CMD, Union Bank of India said confidence of getting cash whenever needed will return back for people in a month or so. He said RBI is now in a better position to supply currency.

Rupee will trade between 67.75-68.15/USD: NS Venkatesh

In case the RBI policy meets street expectations, the rupee will trade in a range of 67.75-68.15/USD, says NS Venkatesh, Lakshmi Vilas Bank.

USD-INR to trade in range of 68.50-68.80/USD: NS Venkatesh

The new 10-year G-Sec is expected to trade between 6.31-6.33 percent today, says NS Venkatesh, Lakshmi Vilas Bank.

Don't see rupee weakening too much; not to go past 69.25/$: Pros

Khoon Goh of ANZ Research said rupee is falling basically due to dollar strength and could depreciate another 2-4 percent.

Expect USD-INR to open at 67.82/USD levels: NS Venkatesh

The liquidity in the system is expected to improve and rates are expected to fall further in anticipation of a RBI rate cut in December, says NS Venkatesh, Lakshmi Vilas Bank.

Expect rupee to strengthen today: NS Venkatesh

Liquidity is expected to improve and we expect the 10-year benchmark bond yield to trade in a narrow range of 6.64-6.67 percent today, says NS Venkatesh, Lakshmi Vilas Bank.

Rupee to open around 66.90/dollar: NS Venkatesh

The rupee is likely to open around 66.90/dollar and will take cues from equity markets and trade between 66.65-67.10/dollar, says NS Venkatesh of Lakshmi Vilas Bank.

Expect 16-17% loan growth this year: Lakshmi Vilas Bank

NS Venkatesh, ED of Lakshmi Vilas Bank expects to see robust demand on the retail and micro, small & medium enterprises (MSME) side of the business. "We have grown our advances year-on-year to the extent of 15 percent. Hopefully, this year we should close at around 16-17 percent growth", he said.