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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......

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......
  Web results for Firstrand India
FirstRand Bank focuses on urban unbanked for growth

South Africa's FirstRand Bank has decided to focus on the urban unbanked section to expand its reach in India instead of chasing the growing... ...

http://www.smartinvestor.in/market/Compnews-260240-Compnewsdet-FirstRand_Bank_focuses_on_urban_unbanked_for_growth.htm
Arcil recovers just a fifth of bad loans

Arcil issues so-called security receipts to banks for taking non-performing loans (NPLs) off their books. Photo: Pradeep Gaur/Mint Mumbai:... ...

http://www.livemint.com/Industry/d1SrRTcRq8mUJf2O9C5xxL/Arcil-recovers-just-a-fifth-of-bad-loans.html
K Harihar

In a chat with ET Now, K Harihar of FirstRand Bank shares his views on the rupee and the markets. Excerpts: ET Now: Rupee is at 61.61 and we were... ...

http://economictimes.indiatimes.com/opinion/interviews/dont-expect-rupee-to-fall-below-62/-k-harihar/articleshow/39867586.cms
Raghuram Rajan may not give rate relief as rains stay patchy

Raghuram Rajan Bankers do not expect any change in Reserve Bank of India's (RBI) key repo rate of 8% in its bi-monthly monetary policy review... ...

http://www.dnaindia.com/money/report-raghuram-rajan-may-not-give-rate-relief-as-rains-stay-patchy-2007190
Forex reserves rise to near record on steady dollar inflow

More than $2.7 billion were added to the nation's foreign exchange reserves in the week ended 25 July, swelling the total to $320.56 billion,... ...

http://www.livemint.com/Money/3cxK209nlCW6xMUcm3VPeM/Forex-reserves-rise-to-near-record-on-steady-dollar-inflow.html

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