All eyes today will be on RBI's monetary policy. I expect RBI to hike Repo and Reverse Repo by 25 bps, says Ananth Narayan, Standard Chartered Bank.
Lack of fresh bond supply, improvement in liquidity, soft Asian rates and likely demand from FIIs are the key positives for the bond market, says Ananth Narayan, Standard Chartered Bank.
Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank, in an interview on CNBC-TV18 says the rupee has shown a reasonable amount of spirit to the dollar, even though the medium-term fundamentals are negative for our currency.
Gerard Lyons, Chief Economist and group head of global research at Standard Chartered Bank, in an interview on CNBC-TV18 speaks about the turmoil in West Asia and where Asian markets, including, India are headed on the back of the crisis.
Neeraj Swaroop of Standard Chartered Bank, in an interview on CNBC-TV18 spoke about his bank's net interest margins and whether he expected the pressure to continue till the end of the year.
One of the announcements of budget 2011 was increase in the limit up to which FIIs may invest in infrastructure bonds that have a residual maturity of over five years. Hemant Mishr of Standard Chartered Bank, in an exclusive interview talks about what raising of the limit really mean.
The Indian rupee erased early gains against the U.S. dollar falling to 45.23 in the late afternoon trade. This is even after the Union Budget 2011 laid down some significant measures inviting more overseas funds. It touched an intraday high of Rs 45.17 on bullish sentiment, prompted by Budget proposals.
Edward Bell, Deputy Editor - Middle East & North Africa, Economist Intelligence Unit and Vis Shankar CEO of Europe, Middle East, Africa and Americas at SCB gave their observations on the economic and business impact the Libyan crisis was causing in the region.
How do banks facilitate currency options for their clients, the risk management benefits it provides, and some strategies and do they use it for their prop books as well? Experts answer.
Positives for the bond market include the fact that supply for bonds is nearing its end for this fiscal, says Ananth Narayan, Standard Chartered Bank.
The December IIP numbers have come inline with market expectations at 1.6% year on year, thus confirming a slowdown in the economy. However, CNBC-TV18 spoke to a couple of experts who said the slowdown is evident in the investment side but consumpttion has not seen any dip.
Powered by expansion in the services sector, the government has pegged India’s economic growth for the financial year 2011 at 8.6% versus the 8% recorded last year.
Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia at Standard Chartered Bank told CNBC-TV18 that there are some problems and you could see some upward pressure on the bond markets in the second quarter.
Hemant Mishr, Head Global Markets South Asia, Standard Chartered Bank, in an interview with CNBC-TV18’s Latha Venkatesh discussed if the rupee could depreciate further and if more losses were in the offing.
The RBI has put out its discussion paper on the presence of foreign banks in India. In an interview with CNBC-TV18's Banking Editor Latha Venkatesh, Neeraj Swaroop, CEO, Standard Chartered Bank in India and Ashvin Parekh, Partner at Ernst and Young gave their perspectives on the RBI's views.
In an interview with CNBC-TV18, Anant Narayan, MD - Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank, & Taimur Baig, Chief Economist - India Global Markets Research, Deutsche Bank AG gave their expectations from the RBI's policy meet tomorrow.
The follow-on public offer (FPO) of the world's seventh largest steel maker Tata Steel opened for subscription on Wednesday. The company aims to raise Rs 3,385.8-3,477 crore through the issue, which will close on January 21. "The board will review additional fund raising later," said, the group’s chief financial officer Koushik Chatterjee.
The bond market is positioned light right now. The market also continues to be nervous about inflation. The 10-year yield is seen between 8.05- 8.15%, says Ananth Narayan, Standard Chartered Bank.
The bond market is worried about possible monetary policy action as a result of high inflation. Liquidity continues to ease. I expect higher underwriting cut-offs in today's auction and this could raise some concerns amongst market participants. The 10-year yield is seen between 8.15- 8.25%, says Anantha Narayan, Standard Chartered Bank.
India's current account deficit in the September quarter widened to a record high of USD 15.8 billion. In an interview with CNBC-TV18, experts speak about the numbers and give their outlook going forward.