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S Africa's FirstRand eyes Indian banking sector

South African banking group FirstRand is firming up plans to make a foray into India once a framework for opening up the banking sector to new entrants is put in place, according to a media......

S African banks plan Indian arms

FirstRand Bank and Standard Bank, two leading South African banks, are planning to set up shop in India. Confirming this, XP Guma, deputy governor, South African Reserve Bank, said FirstRand Bank......

RBI likely to hold key rates

Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth......

Evolution of branchless banking in India

Financial inclusion, concerns more than just a transactional bank account. It should address savings, loans, transactions, and insurance in order to best meet consumer needs, says Ashish Desai.......

Rupee ends steady; trade data has little impact

The Indian rupee ended unchanged on Wednesday as the dollar strength overseas and greenback buying by state run banks were offset by gains in local shares. The rupee also did not move significantly......
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G-Sec rises on RBI rate cut hope

Comment · print · T T T+· T- TOPICS The benchmark 8.40 per cent-2024 bond closed at Rs.103.2175 or at a yield of 7.8981 per cent on... ...
Bonds gain on speculation RBI will lower rates

The yield on the 8.4% notes due July 2024 fell five basis points to 7.90%, prices from the RBI's trading system show. It is headed for its lowest... ...
Reforms impasse sends tremors on D-St

The central government's acceptance of Opposition demand to send the land acquisition and the goods and services tax (GST) Bills to a select... ...
Debt yields soar as FII flows ebb

Rising hedging costs, rupee volatility make debt investment expensive for foreign investors Wide swing At Rs 5,978 crore, their... ...
Rupee closes at 20-month low of 64.24 against dollar

Intra-day, the rupee touched a low of 64.28 per dollar, the lowest since 10 September 2013. Photo: Pradeep Gaur/Mint Mumbai: The rupee weakened... ...

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Coming to India and making

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