To neutralise this, RBI has been doing forward swaps
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
According to experts, due to reduction in withholding tax, FIIs' investment in corporate bonds will pick up.
Rush to offload bad loans indicates a revival in asset-sale market
With the euphoria over the National Democratic Alliance's victory in the stock market continuing, the rupee is likely to touch 57 to the dollar soon.
Foreign institutional investors (FIIs) are set to pump in more funds in debt securities, as the next government under the Bharatiya Janata Party (BJP) is expected to be a stable one and is seen as growth-oriented by market participants.
The yield on the 10-year bond may fall to 8.70 per cent due to FII flows in debt.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.
Voting for the 2014 general elections will begin in April and it is expected Budget 2014-15 will be presented in June.
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
.jpg)
As on Monday, the prices of many vegetables had fallen as much as 50% compared with those a month before, due to increased supply, following the arrival of winter crops in the markets.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances