News for week ended 24 oct-2010
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The State Bank of India increased its base lending rates by 0.1% to 8.6% and its benchmark prime lending rate by 0.25% to 12.5%, effective July 1, 2010. This will likely increase monthly installments on existing home and auto loans by about Rs 16 per lakh for a 20-year loan. Additionally, SBI's upcoming bond issues were priced at 9.5% for 15 years and 9.25% for 10 years. Inflation rose slightly in September as food prices increased, prompting calls for action from the central bank. Wholesale price inflation increased to 8.62% in September from 8.51% in August.
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News for week ended 31 oct-2010
Union Bank of India reported disappointing second quarter results with net profits falling 40% year-over-year. Canara Bank saw its stock reach an all-time high after reporting a 10% rise in second quarter net profits. US stock markets rose following a G20 agreement to prevent a currency war and stronger home sales data. The State Bank of India increased its base lending rate by 0.1% to 8.6% and its prime lending rate by 0.25% to 12.5%, effective July 1, 2010.
Weekend news
Union Bank of India reported disappointing second quarter results, with net profits falling 40% year-over-year to Rs 304 crore. While the bank set aside more funds for rising bad loans, it said bad loans may increase at a slower pace. Canara Bank saw its stock reach an all-time high after reporting a 10% rise in second quarter net profits to Rs 1,007.8 crore. An agreement at the G20 summit increased US stock indexes as countries pledged to avoid a currency war and home sales strengthened. The State Bank of India increased its base rate by 0.1% to 8.6% and its benchmark prime lending rate by 0.25% to 12.5%, effective July 1,
Weekly news 15
- The S&P 500 rose 3% this week as signs of economic stabilization and optimism around Europe's debt crisis reassured investors.
- LIC plans to invest around Rs 61,000 crore in equity markets this fiscal year, up from Rs 9,400 crore earned last year from portfolio churning.
- The World Bank approved a $45 million loan to the National Highways Authority of India to improve operational efficiency as 40% of India's traffic uses the national highway network.
The World This Week - December 9th to 14th December
The Fed meeting later this month is expected to begin tapering bond purchases, though the amount will likely be small initially. In India, inflation rose sharply last month but the RBI is expected to raise rates only modestly at its meeting. Most rate hikes are likely completed. The trade deficit was lower than expected and the currency depreciation has boosted exports, so current account deficit should remain near target. Domestic stocks declined last week.
The world this week September 17 - September 21 2012
Indian equity markets rose over 4% last week and have increased 10% over the past 3 months as strong FII inflows of $1.35 billion have boosted sentiment, while further economic reforms from the Prime Minister are also expected to support growth. The RBI is anticipated to cut interest rates later in October to stimulate the economy as monsoon rains improved and inflation stabilized. Overall the outlook for Indian equities and the rupee remains positive due to robust global liquidity and progress on domestic reforms.
India - Liquidity Monitor
Liquidity in the Indian market was tight in July due to central government overspending and a widening gap between credit and deposit growth. Short term rates rose after the RBI implemented measures to tighten liquidity and curb currency volatility, including raising rates and reducing banks' liquidity adjustment facility borrowing limits. However, liquidity is expected to ease in the coming weeks as the credit growth slows, the currency in circulation decreases, and the government receives dividend payments from the RBI in mid-August, which it may use to fund spending and loosen liquidity conditions.
Weekly news 4
EPFO will pay a 9.5% rate for 2010-11 after discovering a hidden surplus of Rs. 158 crore. Food inflation jumped to 15% due to supply constraints from heavy rains affecting production in states like Punjab and Haryana. Banks have reintroduced special deposit schemes with higher interest rates to attract more small savers. The RBI hiked its repo and reverse repo rates, which may make loans more expensive for corporates and individuals. The Sensex may top 20,000 next week due to continued foreign investor inflows over the past six months. Bharti Airtel awarded IBM a $1.5 billion contract to manage its IT operations across 16 African countries. SBI said it won
News updates ending 6 nov
The Employees' Provident Fund Organization (EPFO) will provide free life insurance coverage of up to Rs. 6.5 lakh to organized sector employees starting next fiscal year, up from the current coverage of 20 times basic salary up to Rs. 6.5 lakh. The EPFO is also considering raising the coverage to 100 times basic salary in the coming year. The central bank hiked repo and reverse repo rates by 25 basis points, marking its seventh rate hike since October 2019. While deposit rates will increase slightly and loan rates like mortgages will rise somewhat, banks' credit growth remains low at 7.2% year-on-year according to recent statistics, below the RBI's projected growth of 20
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News for week ended 31 oct-2010
Union Bank of India reported disappointing second quarter results with net profits falling 40% year-over-year. Canara Bank saw its stock reach an all-time high after reporting a 10% rise in second quarter net profits. US stock markets rose following a G20 agreement to prevent a currency war and stronger home sales data. The State Bank of India increased its base lending rate by 0.1% to 8.6% and its prime lending rate by 0.25% to 12.5%, effective July 1, 2010.
Weekend news
Union Bank of India reported disappointing second quarter results, with net profits falling 40% year-over-year to Rs 304 crore. While the bank set aside more funds for rising bad loans, it said bad loans may increase at a slower pace. Canara Bank saw its stock reach an all-time high after reporting a 10% rise in second quarter net profits to Rs 1,007.8 crore. An agreement at the G20 summit increased US stock indexes as countries pledged to avoid a currency war and home sales strengthened. The State Bank of India increased its base rate by 0.1% to 8.6% and its benchmark prime lending rate by 0.25% to 12.5%, effective July 1,
Weekly news 15
- The S&P 500 rose 3% this week as signs of economic stabilization and optimism around Europe's debt crisis reassured investors.
- LIC plans to invest around Rs 61,000 crore in equity markets this fiscal year, up from Rs 9,400 crore earned last year from portfolio churning.
- The World Bank approved a $45 million loan to the National Highways Authority of India to improve operational efficiency as 40% of India's traffic uses the national highway network.
The World This Week - December 9th to 14th December
The Fed meeting later this month is expected to begin tapering bond purchases, though the amount will likely be small initially. In India, inflation rose sharply last month but the RBI is expected to raise rates only modestly at its meeting. Most rate hikes are likely completed. The trade deficit was lower than expected and the currency depreciation has boosted exports, so current account deficit should remain near target. Domestic stocks declined last week.
The world this week September 17 - September 21 2012
Indian equity markets rose over 4% last week and have increased 10% over the past 3 months as strong FII inflows of $1.35 billion have boosted sentiment, while further economic reforms from the Prime Minister are also expected to support growth. The RBI is anticipated to cut interest rates later in October to stimulate the economy as monsoon rains improved and inflation stabilized. Overall the outlook for Indian equities and the rupee remains positive due to robust global liquidity and progress on domestic reforms.
India - Liquidity Monitor
Liquidity in the Indian market was tight in July due to central government overspending and a widening gap between credit and deposit growth. Short term rates rose after the RBI implemented measures to tighten liquidity and curb currency volatility, including raising rates and reducing banks' liquidity adjustment facility borrowing limits. However, liquidity is expected to ease in the coming weeks as the credit growth slows, the currency in circulation decreases, and the government receives dividend payments from the RBI in mid-August, which it may use to fund spending and loosen liquidity conditions.
Weekly news 4
EPFO will pay a 9.5% rate for 2010-11 after discovering a hidden surplus of Rs. 158 crore. Food inflation jumped to 15% due to supply constraints from heavy rains affecting production in states like Punjab and Haryana. Banks have reintroduced special deposit schemes with higher interest rates to attract more small savers. The RBI hiked its repo and reverse repo rates, which may make loans more expensive for corporates and individuals. The Sensex may top 20,000 next week due to continued foreign investor inflows over the past six months. Bharti Airtel awarded IBM a $1.5 billion contract to manage its IT operations across 16 African countries. SBI said it won
News updates ending 6 nov
The Employees' Provident Fund Organization (EPFO) will provide free life insurance coverage of up to Rs. 6.5 lakh to organized sector employees starting next fiscal year, up from the current coverage of 20 times basic salary up to Rs. 6.5 lakh. The EPFO is also considering raising the coverage to 100 times basic salary in the coming year. The central bank hiked repo and reverse repo rates by 25 basis points, marking its seventh rate hike since October 2019. While deposit rates will increase slightly and loan rates like mortgages will rise somewhat, banks' credit growth remains low at 7.2% year-on-year according to recent statistics, below the RBI's projected growth of 20
General knowledge today
The document discusses non-performing assets (NPAs) held by banks. It defines NPAs and outlines how banks must classify them into substandard, doubtful, and loss categories depending on how long the asset has been non-performing. As the time an asset is non-performing increases, it transitions from substandard to doubtful to loss. The document also discusses implications of NPAs, how gross and net NPAs are calculated, required provisioning, use of the SARFAESI Act to recover dues, and resale of NPAs to asset reconstruction companies.
Weekly news 8
HDFC Bank reported a 32.7% rise in net profit for the quarter ended September supported by strong growth in interest income. Net interest income grew 29.2%. SBI valued its upcoming bond issue at 9.50% for 15 years and 9.25% for 10 years. Analysts believe the Indian market will remain strong in the short term due to bullish sentiment and FII inflows, but investors should exercise caution and watch for triggers that could cause a correction. Reliance Power awarded GE Energy India a Rs. 10,000 crore contract to supply equipment for expanding its 2,400-MW gas power project in Andhra Pradesh. Indian Finance Minister said headline inflation may have plateaued at 8
Debt outlook post july 15th 2013
RBI announced significant increases to key policy rates, hiking the bank rate and marginal standing facility rate by 200 basis points. This led to a sharp rise in interest rates across the yield curve, with 10-year bond yields rising above 8% and 1-year CD rates approaching 10%. While domestic macroeconomic factors support softer rates, recent global market volatility and the sharp rupee depreciation prompted the RBI's tightening measures, which aim to restore stability to the foreign exchange market. It will likely take 3-6 months for the forex market to stabilize. The outlook remains cautious as volatility will continue until issues around the current account deficit are resolved.
Banking Sector Budget 2012-13
The document summarizes key points from the Indian budget that impact the banking sector. It notes that the budget proposes to provide Rs. 15,888 crore for capitalization of public sector banks, regional rural banks, and other financial institutions. However, it also points out that the high fiscal deficit of 5.1% of GDP could limit the RBI's ability to cut interest rates, which may adversely impact credit growth. Overall, the recapitalization of public sector banks is seen as positive for the sector, while the large fiscal deficit is viewed as a potential negative.
Recent news..
The document contains summaries of recent news articles:
1) The Indian government plans to give more funds to Rural Regional Banks and treat them equally to commercial banks.
2) The Planning Commission favors a uniform gas price for power and fertilizer sectors, contrary to an independent recommendation for different prices.
3) There is an urgent need for clarity on new banking rules to avoid prolonged uncertainty that could harm the global economic recovery.
4) The EPFO declared a 9.5% return on employees' provident funds for 2010-2011, leaving expectations behind but giving employees a higher return than previous years.
Rupee regains
The Indian rupee gained 1.2% against the dollar, its largest gain in nine months, closing at 59.39. This was due to dollar inflows, limited oil company demand for dollars, and expectations that the US Federal Reserve will not reverse quantitative easing soon. An analyst expects the rupee to stabilize around 57.50-58.50 against the dollar by July due to expected inflows, gold import restrictions, and power sector reforms. Another analyst believes quantitative easing may not end immediately as US economic growth remains around 2% versus the 2.75-3% needed for a self-sustaining recovery.
Economic Capsule August 2010
The document provides an economic update from Sri Lanka in August 2010. It discusses several topics:
1) Commercial Bank reducing interest rates on its home loan product.
2) Commercial Bank launching an innovative "Gold Overdraft" facility secured by gold deposits.
3) Sri Lanka planning a $1 billion sovereign bond issue to fund infrastructure and repay debt, and seeking a rating from Moody's before the sale.
4) Inflation in Sri Lanka increasing to 5% in August due to rising food and commodity prices.
The world this week july 07 july 12
The summary provides an overview of key developments in the Indian and global economy from July 7-11, 2014 based on a weekly market report:
- In India, industrial production grew at 4.7% in May, the highest in 17 months, and exports rose 7.2% in June indicating strengthening economic recovery. The budget focused on infrastructure spending and tax benefits for individuals.
- Globally, UK industrial production declined in May while US wholesale inventories and Chinese exports increased. China's inflation rose less than expected.
- In the stock market, indices declined up to 7% led by metals, oil & gas, and realty sectors. Bond yields rose for longer tenors while rupee depreci
India rupee slips before interim budget fiscal projections eyed
The Indian rupee was slightly lower against the dollar in early trade, as investors awaited the fiscal deficit estimates, which the government will detail in today’s interim budget announcement. All eyes will be on the fiscal deficit numbers, while any comments on farm loan package and its impact on the fiscal deficit for next year will drive the rupee. We expect a volatile session and will not be surprised if the central bank is present on both sides of the trade to curb volatility.
The World This Week -21st to 26th Sept, 2015
The document provides an overview of domestic and global macroeconomic news and performance of key indices for the week of September 21-25, 2015. It notes that the US Fed reiterated the possibility of a rate hike in the next 3-6 months and that the RBI is expected to cut rates by 25 basis points at its upcoming policy review. Key sectors like auto, private banks, IT and FMCG are viewed positively from a 2-3 year perspective. The indices data indicates declines across most sectors for the week while commodities like crude saw prices fall and the rupee depreciated against the USD but appreciated against other currencies.
Financial sector
The NBFC sector saw gains as the market expected an interest rate cut by the RBI at its upcoming meeting on December 7th. The rate cut is anticipated to boost the economy following demonetization and ease issues around banks having sufficient funds to lend. Key NBFC stocks such as SREI Infra, Can Fin Homes, and PFS rose over 1% in morning trading on these expectations. The RBI's monetary policy committee will begin deliberations on December 6th to potentially lower rates by 0.25% or more to cushion the impact of demonetization.
Mid quarter monetary policy review september 2013
The Reserve Bank of India (RBI) unexpectedly raised its policy repo rate by 25 basis points to 7.5% due to concerns about rising inflation and anchoring inflation expectations. While cutting other rates, the RBI governor cited risks of higher inflation from supply issues and increasing administered prices. Inflation is expected to be higher by the end of the year. The RBI will prioritize monetary stability and lowering inflation expectations to achieve its primary objective. The governor signaled that future policy decisions will depend on economic data and activity.
RBI Monetary Policy Review - Feb 2' 2016
The Reserve Bank of India (RBI) left the key policy repo rate unchanged at 6.75%. While awaiting more data on inflation developments and keeping an eye on the forthcoming Union Budget, the RBI is keeping rates unchanged. Inflation is expected to be around 5% by fiscal year 2017 assuming a normal monsoon and current oil and exchange rate levels. The RBI forecasts growth in the Indian economy to strengthen to 7.6% for fiscal year 2017, supported by a likely normal monsoon, improving household incomes, and lower input costs for firms.
The world this week 28th July - 2nd August
The document provides a weekly summary of global and domestic economic news and market performance for the period of July 28 - August 1, 2014. Some key points:
- US economic growth was stronger than expected in Q2, easing fears of premature interest rate hikes. However, markets remain wary of a strong recovery leading to earlier hikes.
- Recent data shows signs of an economic recovery in India, with growth expected around 5.5-6% for FY15 and 6.5-7% for FY16.
- Corporate earnings results were largely in line with expectations, with revenue growth around 10-12% and profits up 14-15%.
- Indian and global stock markets declined slightly over
The World This Week July 22 - July 26
The document provides an equity market outlook and analysis for the week of July 22-26, 2013. Key points include:
- Markets corrected 2.5% last week due to RBI measures to control the rupee, leading analysts to lower their Sensex target from 25,000 to 22,400.
- Earnings growth estimates were lowered to 10% for Q2 and FY2014 due to a projected slowdown in GDP growth to 5-5.25% from an earlier estimate of 6%.
- The RBI policy meeting is not expected to make major changes as recent measures around liquidity and CRR are aimed at supporting the rupee.
- Fiscal deficit numbers for Q1 F
Yahoo Finance September 23,2009 Overseas Borrowings Dip 45% In Aug
Jagannadham Thunuguntla, equity head at SMC Capital brokerage firm, noted that during January to June 2009, the total fund raised through ECBs stood at $5.54 billion as against $10.04 billion raised in the year-ago period.
Weekly news (29 nov 5dec)
LIC plans to invest Rs 61,000 crore in equity markets this fiscal year, up from Rs 9,400 crore earned last year from portfolio churning. The World Bank approved a $45 million loan to the National Highways Authority of India to improve operational efficiency. Food inflation fell to 8.6%, the lowest in 77 weeks, driven largely by favorable base effects although prices of some essential foods continued to rise. Banks responded positively to RBI advice to raise deposit rates but refused to lower lending rates, so borrowers will not see reduced loan payments.
The World This Week May 20 - May 24, 2013
- Last week, global equity markets fell 3% due to concerns about the U.S. Federal Reserve tapering its quantitative easing program. The Fed chairman stated tapering could begin if economic recovery strengthens.
- The document discusses various economic indicators and data from countries including the U.S., Japan, China, and India. It also summarizes movements in commodity prices, currency exchange rates, and stock market indices.
- GDP growth in India for fiscal year 2014 is expected to be around 6%, up from an estimated average of 5% for fiscal year 2013.
Why loan moratorium is bad for long term
In an attempt to give some relief to borrowers who are struggling to pay their EMIs due to the COVID-19 pandemic and its fallout, the Reserve Bank of India (RBI) had asked banks to offer a moratorium for repayment of term loans for three months until May 31, 2020. The RBI further extended this moratorium period for another three months till August 31. The loans include all sorts of retail loans such as a personal loan, vehicle loan, home loan, gold loan, agriculture loan, and so on. Even credit cards are also eligible for the moratorium.
News for week ended 27 nov-2010
The CBI arrested eight finance executives, including the CEO of LIC Housing Finance, accusing them of taking bribes from a loan arranger in exchange for approving large corporate loans. The arrests shocked stock and real estate markets. Share prices dropped significantly for companies involved like LIC Housing Finance, DB Realty, and Money Matters Group. The scandal may also negatively impact property prices by reducing liquidity in the sector as bankers become more cautious about new loans. The CBI stated this case involves bribery and corruption rather than fraud.
Anand-rathi
This document provides an overview of Anand Rathi Commodities Limited, an Indian financial services firm. It details the company's vision, business lines including wealth management, investment banking, brokerage and distribution. It lists the company's locations, corporate structure, board of directors, key business heads and awards. It outlines the brokerage and distribution services offered across equities, derivatives, commodities and other asset classes. The document highlights the company's research capabilities, client base and presence across India as well as internationally.
Final ppt anand rathi report
This project report summarizes the working and trading procedures of the Indian stock market with reference to Anand Rathi, a leading Indian brokerage company. It provides an overview of Anand Rathi, including that it was founded in 1994 and offers various financial products and services. It also describes key aspects of the stock market like the primary and secondary markets, stock exchanges in India, SEBI, opening a demat account, online and offline trading, derivatives, commodities, mutual funds, insurance, and portfolio management.
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General knowledge today
The document discusses non-performing assets (NPAs) held by banks. It defines NPAs and outlines how banks must classify them into substandard, doubtful, and loss categories depending on how long the asset has been non-performing. As the time an asset is non-performing increases, it transitions from substandard to doubtful to loss. The document also discusses implications of NPAs, how gross and net NPAs are calculated, required provisioning, use of the SARFAESI Act to recover dues, and resale of NPAs to asset reconstruction companies.
Weekly news 8
HDFC Bank reported a 32.7% rise in net profit for the quarter ended September supported by strong growth in interest income. Net interest income grew 29.2%. SBI valued its upcoming bond issue at 9.50% for 15 years and 9.25% for 10 years. Analysts believe the Indian market will remain strong in the short term due to bullish sentiment and FII inflows, but investors should exercise caution and watch for triggers that could cause a correction. Reliance Power awarded GE Energy India a Rs. 10,000 crore contract to supply equipment for expanding its 2,400-MW gas power project in Andhra Pradesh. Indian Finance Minister said headline inflation may have plateaued at 8
Debt outlook post july 15th 2013
RBI announced significant increases to key policy rates, hiking the bank rate and marginal standing facility rate by 200 basis points. This led to a sharp rise in interest rates across the yield curve, with 10-year bond yields rising above 8% and 1-year CD rates approaching 10%. While domestic macroeconomic factors support softer rates, recent global market volatility and the sharp rupee depreciation prompted the RBI's tightening measures, which aim to restore stability to the foreign exchange market. It will likely take 3-6 months for the forex market to stabilize. The outlook remains cautious as volatility will continue until issues around the current account deficit are resolved.
Banking Sector Budget 2012-13
The document summarizes key points from the Indian budget that impact the banking sector. It notes that the budget proposes to provide Rs. 15,888 crore for capitalization of public sector banks, regional rural banks, and other financial institutions. However, it also points out that the high fiscal deficit of 5.1% of GDP could limit the RBI's ability to cut interest rates, which may adversely impact credit growth. Overall, the recapitalization of public sector banks is seen as positive for the sector, while the large fiscal deficit is viewed as a potential negative.
Recent news..
The document contains summaries of recent news articles:
1) The Indian government plans to give more funds to Rural Regional Banks and treat them equally to commercial banks.
2) The Planning Commission favors a uniform gas price for power and fertilizer sectors, contrary to an independent recommendation for different prices.
3) There is an urgent need for clarity on new banking rules to avoid prolonged uncertainty that could harm the global economic recovery.
4) The EPFO declared a 9.5% return on employees' provident funds for 2010-2011, leaving expectations behind but giving employees a higher return than previous years.
Rupee regains
The Indian rupee gained 1.2% against the dollar, its largest gain in nine months, closing at 59.39. This was due to dollar inflows, limited oil company demand for dollars, and expectations that the US Federal Reserve will not reverse quantitative easing soon. An analyst expects the rupee to stabilize around 57.50-58.50 against the dollar by July due to expected inflows, gold import restrictions, and power sector reforms. Another analyst believes quantitative easing may not end immediately as US economic growth remains around 2% versus the 2.75-3% needed for a self-sustaining recovery.
Economic Capsule August 2010
The document provides an economic update from Sri Lanka in August 2010. It discusses several topics:
1) Commercial Bank reducing interest rates on its home loan product.
2) Commercial Bank launching an innovative "Gold Overdraft" facility secured by gold deposits.
3) Sri Lanka planning a $1 billion sovereign bond issue to fund infrastructure and repay debt, and seeking a rating from Moody's before the sale.
4) Inflation in Sri Lanka increasing to 5% in August due to rising food and commodity prices.
The world this week july 07 july 12
The summary provides an overview of key developments in the Indian and global economy from July 7-11, 2014 based on a weekly market report:
- In India, industrial production grew at 4.7% in May, the highest in 17 months, and exports rose 7.2% in June indicating strengthening economic recovery. The budget focused on infrastructure spending and tax benefits for individuals.
- Globally, UK industrial production declined in May while US wholesale inventories and Chinese exports increased. China's inflation rose less than expected.
- In the stock market, indices declined up to 7% led by metals, oil & gas, and realty sectors. Bond yields rose for longer tenors while rupee depreci
India rupee slips before interim budget fiscal projections eyed
The Indian rupee was slightly lower against the dollar in early trade, as investors awaited the fiscal deficit estimates, which the government will detail in today’s interim budget announcement. All eyes will be on the fiscal deficit numbers, while any comments on farm loan package and its impact on the fiscal deficit for next year will drive the rupee. We expect a volatile session and will not be surprised if the central bank is present on both sides of the trade to curb volatility.
The World This Week -21st to 26th Sept, 2015
The document provides an overview of domestic and global macroeconomic news and performance of key indices for the week of September 21-25, 2015. It notes that the US Fed reiterated the possibility of a rate hike in the next 3-6 months and that the RBI is expected to cut rates by 25 basis points at its upcoming policy review. Key sectors like auto, private banks, IT and FMCG are viewed positively from a 2-3 year perspective. The indices data indicates declines across most sectors for the week while commodities like crude saw prices fall and the rupee depreciated against the USD but appreciated against other currencies.
Financial sector
The NBFC sector saw gains as the market expected an interest rate cut by the RBI at its upcoming meeting on December 7th. The rate cut is anticipated to boost the economy following demonetization and ease issues around banks having sufficient funds to lend. Key NBFC stocks such as SREI Infra, Can Fin Homes, and PFS rose over 1% in morning trading on these expectations. The RBI's monetary policy committee will begin deliberations on December 6th to potentially lower rates by 0.25% or more to cushion the impact of demonetization.
Mid quarter monetary policy review september 2013
The Reserve Bank of India (RBI) unexpectedly raised its policy repo rate by 25 basis points to 7.5% due to concerns about rising inflation and anchoring inflation expectations. While cutting other rates, the RBI governor cited risks of higher inflation from supply issues and increasing administered prices. Inflation is expected to be higher by the end of the year. The RBI will prioritize monetary stability and lowering inflation expectations to achieve its primary objective. The governor signaled that future policy decisions will depend on economic data and activity.
RBI Monetary Policy Review - Feb 2' 2016
The Reserve Bank of India (RBI) left the key policy repo rate unchanged at 6.75%. While awaiting more data on inflation developments and keeping an eye on the forthcoming Union Budget, the RBI is keeping rates unchanged. Inflation is expected to be around 5% by fiscal year 2017 assuming a normal monsoon and current oil and exchange rate levels. The RBI forecasts growth in the Indian economy to strengthen to 7.6% for fiscal year 2017, supported by a likely normal monsoon, improving household incomes, and lower input costs for firms.
The world this week 28th July - 2nd August
The document provides a weekly summary of global and domestic economic news and market performance for the period of July 28 - August 1, 2014. Some key points:
- US economic growth was stronger than expected in Q2, easing fears of premature interest rate hikes. However, markets remain wary of a strong recovery leading to earlier hikes.
- Recent data shows signs of an economic recovery in India, with growth expected around 5.5-6% for FY15 and 6.5-7% for FY16.
- Corporate earnings results were largely in line with expectations, with revenue growth around 10-12% and profits up 14-15%.
- Indian and global stock markets declined slightly over
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The document provides an equity market outlook and analysis for the week of July 22-26, 2013. Key points include:
- Markets corrected 2.5% last week due to RBI measures to control the rupee, leading analysts to lower their Sensex target from 25,000 to 22,400.
- Earnings growth estimates were lowered to 10% for Q2 and FY2014 due to a projected slowdown in GDP growth to 5-5.25% from an earlier estimate of 6%.
- The RBI policy meeting is not expected to make major changes as recent measures around liquidity and CRR are aimed at supporting the rupee.
- Fiscal deficit numbers for Q1 F
Yahoo Finance September 23,2009 Overseas Borrowings Dip 45% In Aug
Jagannadham Thunuguntla, equity head at SMC Capital brokerage firm, noted that during January to June 2009, the total fund raised through ECBs stood at $5.54 billion as against $10.04 billion raised in the year-ago period.
Weekly news (29 nov 5dec)
LIC plans to invest Rs 61,000 crore in equity markets this fiscal year, up from Rs 9,400 crore earned last year from portfolio churning. The World Bank approved a $45 million loan to the National Highways Authority of India to improve operational efficiency. Food inflation fell to 8.6%, the lowest in 77 weeks, driven largely by favorable base effects although prices of some essential foods continued to rise. Banks responded positively to RBI advice to raise deposit rates but refused to lower lending rates, so borrowers will not see reduced loan payments.
The World This Week May 20 - May 24, 2013
- Last week, global equity markets fell 3% due to concerns about the U.S. Federal Reserve tapering its quantitative easing program. The Fed chairman stated tapering could begin if economic recovery strengthens.
- The document discusses various economic indicators and data from countries including the U.S., Japan, China, and India. It also summarizes movements in commodity prices, currency exchange rates, and stock market indices.
- GDP growth in India for fiscal year 2014 is expected to be around 6%, up from an estimated average of 5% for fiscal year 2013.
Why loan moratorium is bad for long term
In an attempt to give some relief to borrowers who are struggling to pay their EMIs due to the COVID-19 pandemic and its fallout, the Reserve Bank of India (RBI) had asked banks to offer a moratorium for repayment of term loans for three months until May 31, 2020. The RBI further extended this moratorium period for another three months till August 31. The loans include all sorts of retail loans such as a personal loan, vehicle loan, home loan, gold loan, agriculture loan, and so on. Even credit cards are also eligible for the moratorium.
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India rupee slips before interim budget fiscal projections eyed
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News for week ended 27 nov-2010
The CBI arrested eight finance executives, including the CEO of LIC Housing Finance, accusing them of taking bribes from a loan arranger in exchange for approving large corporate loans. The arrests shocked stock and real estate markets. Share prices dropped significantly for companies involved like LIC Housing Finance, DB Realty, and Money Matters Group. The scandal may also negatively impact property prices by reducing liquidity in the sector as bankers become more cautious about new loans. The CBI stated this case involves bribery and corruption rather than fraud.
Anand-rathi
This document provides an overview of Anand Rathi Commodities Limited, an Indian financial services firm. It details the company's vision, business lines including wealth management, investment banking, brokerage and distribution. It lists the company's locations, corporate structure, board of directors, key business heads and awards. It outlines the brokerage and distribution services offered across equities, derivatives, commodities and other asset classes. The document highlights the company's research capabilities, client base and presence across India as well as internationally.
Final ppt anand rathi report
This project report summarizes the working and trading procedures of the Indian stock market with reference to Anand Rathi, a leading Indian brokerage company. It provides an overview of Anand Rathi, including that it was founded in 1994 and offers various financial products and services. It also describes key aspects of the stock market like the primary and secondary markets, stock exchanges in India, SEBI, opening a demat account, online and offline trading, derivatives, commodities, mutual funds, insurance, and portfolio management.
Inflation
Inflation is a steady increase in the general price level over time due to demand-pull and cost-push influences. Demand-pull inflation occurs when demand for an item increases its price to a new equilibrium, like toys for Christmas. Cost-push inflation happens when production costs rise, like a tax on raw materials increasing product prices. Inflation is calculated using the Consumer Price Index (CPI) and Wholesale Price Index (WPI). The CPI measures price changes of goods and services purchased by consumers, while the WPI tracks price levels of goods traded wholesale. India's current inflation rate is around 7.5% according to the Reserve Bank of India.
Credit Crunch
The document discusses the sub-prime mortgage crisis and its global impacts. It notes that problems with sub-prime mortgages in the US spread globally. The US government intervened by investing in banks to stabilize the financial system. While some called for nationalization, the document argues the US is on a different path than other countries and does not need nationalization since it owns banks. It closes by noting the downturn in the financial markets.
Credit crunch
The credit crunch was caused by a rise in subprime mortgage defaults in the United States that spread throughout the global financial system. Mortgage lenders sold many inappropriate mortgages to borrowers with low incomes and poor credit and bundled the debt into packages that were given inaccurate low-risk ratings and sold off. This led to widespread defaults when introductory interest rates expired and home prices fell, devastating mortgage lenders and causing banks to severely restrict lending, resulting in a dried up credit market globally.
The Credit Crunch Explained
Joe, the owner of a run-down bar, decided to offer credit to his unemployed and drunk customers to increase sales. This allowed the customers to consume more and led Joe to believe his business was growing. Joe took out a loan from the bank using his customers' unpaid tabs as collateral. The bank then transformed Joe's tabs into complex financial instruments that were traded globally. However, when Joe's customers couldn't pay their debts and he went bankrupt, it revealed the financial products were backed by worthless tabs and caused the system to collapse like dominos.
News for week ended 21 nov-2010
Axis Bank will merge its wholly-owned investment banking arm with Enam Securities, acquiring the company for Rs. 2,067 crore. This deal will help Enam face competition from larger global investment banks and help Axis Bank grow its fee-based income. India's foreign exchange reserves declined by $1.9 billion due to a drop in foreign currency assets. Additionally, McKinsey reported that Indian banks will need to increase their total assets five-fold by 2015 to meet funding needs, and the largest five emerging Asian economies will account for nearly half of total Asian banking assets by 2014. Furthermore, IRDA will formulate merger and acquisition guidelines for non-life insurers to encourage consolidation, and SBI appointed G.
Corruption in-india-2010-and-before
This document summarizes several major corruption scandals in India that have occurred since the 1950s involving billions of dollars lost. It notes that India has an estimated $1.456 trillion in illegal funds stashed in offshore tax havens, more than any other country. Several massive scams are described in detail, including the 2G spectrum scandal that lost $40 billion, the Commonwealth Games fraud that lost $13 billion, and the Bofors scandal in the 1980s. The document argues that corruption poses an existential threat to India when the political system is plagued by plunder from the top levels of leadership down.
LIC presentation... 001
Life insurance is a contract between a policy holder and an insurer where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured. The policy holder pays regular premiums in return. Life insurance objectives include widespread coverage, saving mobilization, conducting business economically, and meeting growing customer needs. LIC of India is the largest insurer in India and provides various policies, but also faces threats from private players and foreign insurers expanding in the market. LIC offers specialized plans and products and has diversified into other financial fields.
Presentation on KETAN PAREKH Scam
Ketan Parekh was a stock broker from Mumbai who manipulated the Indian stock market in late 1999-2001, in what became known as the Ketan Parekh scam. He formed a network of brokers to target and artificially inflate the prices of 10 stocks by as much as 10 times their original values. Parekh used a simple borrowing mechanism known as the badla system to fund his stock purchases, pledging the inflated stock prices as collateral to obtain more funds. However, when the stock market crashed in 2000, Parekh was unable to maintain the prices and his scheme collapsed, leading to his arrest in 2001 and conviction in 2008 for market manipulation. The scam had major implications, including a 700 point fall in the
Ketan parekh scam
Ketan Parekh was a stock broker in Mumbai who manipulated the Indian stock market between 1999-2001, causing prices of some stocks to rise dramatically then crash. He did this through forming a network of brokers, targeting certain stocks, and using borrowed money to continually purchase shares to inflate prices. However, the scheme collapsed as prices fell and his borrowing was uncovered, causing major losses and reforms to India's stock market regulations and oversight.
Lic Ppt
- Life insurance first came to India from England in 1818, with the Oriental Life Insurance Company starting as the first life insurer.
- The Insurance Act of 1912 was passed to regulate the insurance business, requiring actuarial certification of premium rates and valuations.
- The LIC Act was passed in 1956 leading to the nationalization of the insurance industry and creation of LIC as a statutory body.
- Today, LIC dominates the Indian life insurance market as the largest insurer, though private players have gained significant share in recent years.
Housing finance
The document discusses housing finance in India. It provides an introduction to housing loans facilitated by the Reserve Bank of India. It then summarizes the objectives of studying Indian housing finance. It describes direct and indirect housing finance and loan limits under priority sectors. It discusses the growth of housing finance marketing and provides an overview of HDFC, SBI Home Finance, and LIC Housing Finance, including their services and financial performance. The conclusion compares the three companies.
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Weekend news
Union Bank of India reported disappointing second quarter results, with net profits falling 40% year-over-year to Rs 304 crore. While the bank set aside more funds for rising bad loans, it said bad loans may increase at a slower pace. Canara Bank saw its stock reach an all-time high after reporting a 10% rise in second quarter net profits to Rs 1,007.8 crore. An agreement at the G20 summit increased US stock indexes as countries pledged to avoid a currency war and home sales strengthened. The State Bank of India increased its base rate by 0.1% to 8.6% and its benchmark prime lending rate by 0.25% to 12.5%, effective July 1,
News updates in banking sector.pptx 3
The document contains news updates from the banking sector. It reports that LIC and IDFC plan to launch tax-free infrastructure bonds offering returns between 7.85-8.2%. It also reports that public sector banks spent more on wages than private banks in 2010 according to a study. Additionally, SBI may extend its teaser home loan rates beyond September and KarurVysya Bank's board approved a bonus share issue and rights issue to increase the bank's net worth to over Rs. 2,000 crore. Finally, it mentions that the RBI has proposed allowing banks to set their own interest rates on savings accounts.
Keynote capitals industry monitor
Moody's downgraded SBI's ratings due to low capital ratios, spoiling stock market sentiment. Cement sales were mixed in September. The infrastructure sector underperformed indices last week. RPower was the top gainer while JP Infra lost the most. Suzlon bagged wind sector orders of Rs. 200Cr. Tata Power plans to sell non-core assets to fund projects. IL&FS won a Rs. 161Cr stadium project. JSPL will build a $3B power plant in Mozambique. BHEL secured a Rs. 3800Cr order from Dainik Bhaskar Power.
Investment Idea - ICICI Bank Ltd - HOLD
Catch the latest Equity research reports from Fullerton Securities at http://www.fullertonsecurities.co.in/equity/markets/research_reports.aspx
Weekly news
Crisil anticipates that banks will sharply increase deposit rates in the second half of the year as credit growth is expected to pick up. RBI has outlined plans to upgrade rural banks across India by providing them with technical and financial support totaling 100 crore rupees. RBI has also warned banks to limit investments in zero coupon bonds due to the high risks involved, especially for long term bonds.
Weekly news on banking sector
The document summarizes recent news in the banking sector. It reports that the head of Royal Bank of Scotland alleged that the bank's former management treated its retail arm as a "cash cow" to fund acquisitions. It also reports that the Reserve Bank of India hiked interest rates by 25 basis points to curb inflation. Additionally, it mentions that Union Bank of India reported a 40% drop in net profits in its recent quarterly results.
Impact of Rate Cut on Your Money
The Reserve Bank of India (RBI) governor cut the repo rate by 50 basis points (bps) to 6.75% on Tuesday.
The central bank also reduced the inflation forecast to around 4.8% by the end of financial year 2017. After RBI’s action, an immediate recovery in equity markets, which were down at least 1% from the morning. Markets shot into the positive territory—in just over 2 minutes after the announcement.
Bond markets rejoiced with yields on the 10-year benchmark government security moving to 7.57% from 7.73% within minutes.
State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share ...
To Understand this PPT : https://youtu.be/S2RIYxq0jpY
State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share complete Analysis
Impact of Repo Rate on Bank Lending-2014
This document is a dissertation report submitted by Sudheer Parashar to partially fulfill the requirements for a Master of Business Administration degree from Amity University. The report examines the impact of changes in the repo rate by the Reserve Bank of India on bank lending. It discusses how the repo rate affects borrowing costs for banks and how banks may pass these higher costs onto customers through increased lending rates and loan EMIs. The report also analyzes different segments of bank lending as well as factors that influence lending rates. It aims to determine the level of impact of repo rate changes on deposits and loans and provide investment strategy recommendations for the general public.
Weekly presentation 8
The combined market capitalization of eight of India's top ten companies declined by Rs 29,221.44 crore last week, with NTPC declining the most. NTPC shares fell over four percent during the week. The BSE Sensex also fell by 1.82 percent for the week. Infosys declared an interim dividend of Rs 10 per share and a special 30th year dividend of Rs 30 per share with a record date of October 22. Younger generations from some unorganized family businesses want to relocate companies and use their education to better understand and transform the businesses. The finance ministry rejected an RBI proposal to allow corporates to acquire regional rural banks, keeping government stake in banks above 51 percent. S
Keynote Capitals Industry onitor
The document provides an executive summary and industry updates on various sectors including banking, cement, infrastructure and IT. Some key points:
- RBI cut CRR by 50 bps to inject liquidity but kept interest rates unchanged. Cement industry saw 14% volume growth in December.
- HDFC Bank cut back on corporate lending to protect margins. Cement prices likely to rise 2-3% in January on higher coal costs.
- Government aims to expand port capacity to 3200MT by 2020 and supports raising import duties on power equipment.
Rbi guidelines on mclr 2018
There is a lot of buzz in the news that the RBI has instructed all the banks to synchronise Base rate with MCLR by April 2018. It means all the home loan borrowers including pre-2016 borrower’s loan will be transferred to MCLR rate from the base interest rate.
Blog: https://amritaagarwalblog.wordpress.com/2018/02/08/rbi-guidelines-on-mclr-2018/
Apply for Loan: https://financebuddha.com/home-loan
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Twitter:https://twitter.com/financebuddha
Demo 12
The document discusses the impact of India's demonetization policy on the banking sector. It notes that banks have seen a substantial increase in deposits, which will have several positive impacts:
1) Increase in low-cost CASA deposits that will lower banks' average cost of funds and allow for expansion of lending.
2) Lower yields on banks' bond holdings as liquidity increases and interest rates fall across maturities.
3) Improvement in banks' operating margins as costs of deposits decline faster than lending rates, increasing net interest margins.
Overall, the large increase in deposits is expected to benefit banks by lowering funding costs, increasing lending ability, and boosting profitability through improved margins.
SNIPPETS 070117
The Reserve Bank of India clarified that official figures for deposits of old currency notes after demonetization would be announced soon, after various media reports published estimates. The government will finalize a second round of capital infusion for public sector banks in the coming days. Prime Minister Modi announced new schemes providing benefits like loan interest waivers for farmers, home loans under Rs. 12 lakhs, increased credit limits for MSMEs, and higher deposit interest rates for senior citizens. The RBI imposed restrictions on withdrawing more than Rs. 2 lakhs from bank accounts without quoting PAN or Form 60, in response to misuse of Jan Dhan and dormant accounts. SBI launched a new home loan scheme offering a fixed interest
Big dent in small savings as govt slashes ppf, nsc rates
The government announced steep cuts to interest rates on popular small savings schemes such as Public Provident Fund (PPF) and National Savings Certificate (NSC). Rates on these schemes will be 90 basis points lower in the April-June quarter. This represents one of the sharpest cuts to the PPF rate in 15 years and will reduce the returns of savers. Lower small savings rates are expected to prompt banks to cut their deposit rates as well, reducing interest earnings for savers and potentially loan and interest rates in the future. While intended to align rates with market yields, the cuts have angered small savers.
Monetarypolicyandfiscalpolicy
The document discusses the monetary and fiscal policies of India. It defines monetary policy as actions by the Reserve Bank of India to influence money supply, interest rates, and credit availability to achieve objectives like price stability and economic growth. It outlines the instruments of monetary policy like bank rate, cash reserve ratio, and open market operations. Fiscal policy relates to government spending and taxation and uses instruments like public expenditure, taxation, public debt, and deficit financing to promote growth, employment and welfare. The document provides details on these policies and their objectives, instruments, implementation and limitations.
Rbi Annual Policy Statement Fy – 2011
The RBI raised key policy rates by 25 basis points each and increased the CRR by 25 basis points to absorb excess liquidity. It forecast GDP growth of 8% for FY2011 and inflation to moderate to 5.5% by March 2011. The RBI aims to support credit growth while anchoring inflation expectations. It also took steps to broaden financial markets and strengthen stability.
SBI.pptx
SBI has significantly diversified and grown its loan portfolio over the past few years. It increased its unsecured loan portfolio 2.5 times in under 3 years through initiatives like Xpress Credit, making personal loans the second largest segment behind home loans. This helped increase retail loans' share of SBI's total loan book from 32.5% to 42%. SBI built a personal loan book of Rs. 2.4 lakh crore with low NPAs of 0.6% by leveraging its large branch network, data analytics, and strong demand for such loans. It plans to further grow this book to over Rs. 3 lakh crore by December 2022 by increasing loan amounts as the personal loan market in
Weekly media update 19 07_2021
- S&P retained India's sovereign rating at the lowest investment grade of 'BBB-' with a stable outlook, citing strong external settings that will act as a buffer against financial strains. However, it noted India's weak fiscal settings and consistently elevated deficits.
- The CEA expects India's economy to start growing at 6.5-7% annually from fiscal 2023 onwards, helped by COVID-19 vaccination progress and various reforms. However, the second wave impacted the recovery momentum seen in late 2020 and early 2021.
- India's exports rose 48.34% in June compared to last year, while imports increased 98.31%, leaving a trade deficit of Rs. 69,800 crore for the month.
Weekly Media Update_21_11_2022.pdf
The document provides a summary of recent news articles mentioning Balmer Lawrie and related topics. It includes reports that:
1) The IMF says the global economic outlook is gloomier than previously projected due to high inflation, China's slowing growth, and disruptions from the Ukraine war.
2) An analysis by Deloitte India estimates India will see 6.5-7.1% economic growth in the current fiscal year despite rising inflation and global slowdown risks.
3) The RBI estimates India's economy grew between 6.1-6.3% in the second quarter, putting annual growth on track to be around 7% for fiscal year 2023.
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Big dent in small savings as govt slashes ppf, nsc rates
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More from pallavisaggar
News for week ended 14 nov-2010
1. Food inflation dipped to 12.3% in India as the index measuring agricultural product prices rose 12.3% and prices are expected to continue declining.
2. India's industrial output growth slowed to 4.4% in September, the slowest rate in 17 months, as measured by the Index of Industrial Production.
3. After 38 years of service, Usha Throat retired as Deputy Director of the Reserve Bank of India and was replaced by Anand Sinha, an executive director.
News for week ended 7 nov-2010
The Reserve Bank of India hiked its short-term borrowing and lending rates by 25 basis points to tame inflation, raising the repurchase rate to 6.25% and reverse repurchase rate to 5.25%. While continuing its tight monetary policy stance, RBI hinted that rates may not change in the near future. Banks had borrowed the most from RBI to address a cash crunch, forcing RBI to provide temporary liquidity measures like a second liquidity adjustment facility window. ICICI Bank reported a 21.8% rise in net profit for the September quarter due to increased corporate lending and lower provisions.
News for week ended 17 oct-2010
Manufacturing growth in India slipped to 5.9% in August 2019, down from 10.6% in August 2018, as consumer demand indicators weakened. The Reserve Bank of India has raised interest rates five times this year to curb inflation. Coal India's initial public offering was priced at a discount to global peers and is expected to raise $2.1 billion, surpassing the previous record set by Reliance Power in 2008. Foreign and local banks are discussing the possibility of a direct currency exchange between the Indian rupee and Chinese yuan to reduce transaction times and costs for imports and exports between the two countries.
News for week ended 3 oct.2010
1. RBI told several state governments not to give new business to private banks that could generate thousands of crores of income. RBI did not specify the reason, but private banks believe it is aimed at job creation and poverty reduction.
2. Base rate has replaced BPLR as the minimum rate at which banks can lend. Base rates of major banks are: SBI 7.5%, HDFC 7.25%, ICICI 7.5%, PNB 8%.
3. Insurers withdrew 208 ULIP schemes from August-September and launched 42 new ULIPs in September. Insurers feel that every company will eventually have only 3-5 schemes, withdrawing 10-30 products and launching
A trip to bangkok, thailand
The Ambassador Hotel in Bangkok, Thailand is located in the commercial Sukhumvit Road area near the Nana Skytrain station and shops. The hotel has a swimming pool, fitness facilities including a squash court and swimming pool, and reasonably decorated rooms. Activities nearby include shopping at Emporium mall, Thai boxing, meditation centers, and visiting various tourist attractions around Bangkok.
Pp ts
This document presents a summary of Pallavi Saggar's six-week industrial training at Standard Chartered. It introduces the company, describing its founding, leadership, financial performance, and strategic focus on participation, competitive positioning, customers, people, and communities. The organizational structure of Standard Chartered is outlined, from the Chairman of the Board down to various divisions for wholesale banking, consumer banking, HR, and more. A SWOT analysis identifies strengths in diverse products and profitability, weaknesses in HR management, and opportunities in expanding branches. The document then shifts to discussing mutual funds, including types, current industry trends, and the future outlook. Research methodology is described for analyzing growth funds of selected companies and investigating investor perceptions. Limit
Presentation on summer training project
This document presents a summary of Pallavi Saggar's six-week industrial training at Standard Chartered. It introduces the company, describing its founding, leadership, financial performance, and strategic focus on participation, competitive positioning, customers, people, and communities. The organizational structure of Standard Chartered is outlined, from the Chairman of the Board down to various divisions for Asia, Risk Management, Wholesale Banking, and more. A SWOT analysis identifies strengths in diverse products and profitability, weaknesses in human resources, and opportunities in expanding branches. The document also provides an introduction to mutual funds in India, including types, current industry trends, and the future outlook for growth.
News for the week ended 26 sept.-2010
The document contains summaries of various news articles:
1. The Finance Ministry has revised caps on foreign investment in government securities and corporate bonds, raising the limits to $10 billion and $20 billion respectively.
2. RIL has disclosed annual reports for most but not all of its subsidiaries, remaining silent on details for some including two exploration subsidiaries and a joint venture.
3. Bank deposits saw their highest rise this year in September, with total deposits increasing Rs. 33,581 crores and credit growing 19% year-over-year, partly due to increased deposit rates.
Mobile banking
Mobile banking allows customers to access bank services through their mobile phones. By combining banking and telecommunications technologies, customers can carry out secure transactions using mobile banking applications or SMS, though SMS is less secure. While the service is free for customers, telecom operators may charge for data usage. If a mobile phone is lost, transactions are still safe as long as the personal identification number is not compromised. Customers can register for mobile banking and download an application to complete transactions over GPRS or send SMS messages following the specified format and security procedures.
News for the week ended 18 sep-2010
The document summarizes recent news in the Indian banking sector. It discusses special deposit schemes introduced by 14 banks with higher interest rates. It mentions that the EPFO will pay a 9.5% rate for 2010-2011 after discovering hidden surpluses. It also notes that SBI is considering forming a holding company structure for its banks and subsidiaries. RBI may tighten key interest rates in an upcoming policy review. ICICI is fully integrating employees from an acquired bank. Another item discusses an initiative between Oxigen and SBI to expand banking access in rural areas. Finally, it mentions that food inflation has risen to 15% due to supply constraints from heavy rains in some regions.
Pallavi saggar cv
Pallavi Saggar is a 21-year-old female pursuing an MBA degree. She completed her BCom degree in 2009 with 72% and scored well in 12th grade and 10th grade. She has work experience from an internship at Standard Chartered Bank where she conducted a comparative analysis of growth funds of selected companies. She received first prize in economics at the college level and was recognized in the newspaper for her performance in 12th standard. In her free time, she enjoys reading, listening to music, cooking, and participated in dance, basketball and badminton at school.
Presentation on summer training project
This document presents a summary of Pallavi Saggar's six-week industrial training at Standard Chartered. It provides an introduction to the company, describing its founding in 1853, headquarters in London, and key figures. It outlines Standard Chartered's strategic intent, brand promise, values, and approach. The document also includes organizational charts, a SWOT analysis, descriptions of banking services and ratios, and trend analyses of financial metrics. Additionally, it introduces mutual funds, describing types, the current industry position in India, and growth in assets under management. Research methodology is outlined for comparative analysis of growth funds and analyzing investor perceptions. Data collection tools and limitations of the study are also mentioned.
News on banking sector for week ended 5 sept-2010
The document summarizes recent news in the banking sector. It reports that SBI is discussing further mergers of its subsidiary banks. It also reports that the Direct Tax Code will come into effect a year late in April 2012, with increased income tax exemption limits. Banks are seeking to relax accounting norms from regulators to minimize the impact of pension and gratuity liabilities on their profits and reserves. The document also provides updates on ULIPs, IDBI removing minimum balances, PNB's expansion plans, and retailers seeking a cut in debit card processing fees.
News on banking sector for week ended 5 sept-2010
The document summarizes recent news in the banking sector. It reports that SBI is discussing further mergers of its subsidiary banks. It also notes that the Direct Tax Code will come into effect a year late in April 2012, with increased income tax exemption limits. Banks are seeking to relax accounting norms from regulators to minimize the impact of pension and gratuity liabilities on their profits and reserves. The document also provides updates on ULIPs, IDBI removing minimum balances, PNB's expansion plans, and retailers seeking a cut in debit card processing fees.
News on banking sector
This document contains summaries of several news articles about developments in the Indian banking sector:
1) Standard Chartered Bank launched a new preferred banking program for emerging affluent individuals between ages 25-40 with annual incomes between 500,000-4,000,000 rupees.
2) The Indian Institute of Banking & Finance overhauled the structure of the Certified Associate exam for bankers to include 11 new elective subjects and place more emphasis on specialization.
3) State Bank of India merged with State Bank of Indore, absorbing all of its customers and branches after 90 years of independent operation as Indore Bank.
News on banking sector
This document contains summaries of recent news in the banking sector:
1) Standard Chartered Bank launched a new preferred banking program for emerging affluent customers between ages 25-40 with annual incomes between 500,000-4,000,000 rupees.
2) The Indian Institute of Banking and Finance restructured the Certified Associate of the Indian Institute of Bankers exam to include 11 new elective subjects and place more emphasis on specialization.
3) State Bank of India merged with State Bank of Indore after 90 years, integrating all of Indore Bank's customers and branches under SBI.
News on banking sector
This document contains summaries of several news articles about developments in the Indian banking sector:
1) Standard Chartered Bank launched a new preferred banking program for emerging affluent customers between ages 25-40 with annual incomes between 500,000-4,000,000 rupees.
2) The Indian Institute of Banking & Finance overhauled the structure of the Certified Associate exam for bankers to include 11 new elective subjects and place more emphasis on specialization.
3) After 90 years, State Bank of Indore was formally merged into State Bank of India, making all of its customers and branches part of SBI.
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Answers about how you can do more with Walmart!"
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His expertise extends across a diverse spectrum of reporting, database, and web development applications, underpinned by an exceptional grasp of data storage and virtualization technologies. His proficiency in application testing, database administration, and data cleansing ensures seamless execution of complex projects.
What sets Denis apart is his comprehensive understanding of Business and Systems Analysis technologies, honed through involvement in all phases of the Software Development Lifecycle (SDLC). From meticulous requirements gathering to precise analysis, innovative design, rigorous development, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
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News for week ended 24 oct-2010
- 1. News!!!!
- 2. The State Bank of India (SBI), the major lender in the nation, publicized an increase in its loan rates. The base rates, which rolled up into effect by July 1, 2010, by 0.1 % to 8.6 % and the benchmark prime lending rate (BPLR) by 0.25 % to 12.5 % on Wednesday. The fresh new rates shall be implemented fromThursday. The BPLR increased by SBI is probably to influence the equated monthly installments (EMIs) of the current home and auto loan borrowers by Rs 16 per lakh for almost 20year loan.
- 3. The State Bank of India's leading retail bond subject of Rs 1,000 crore was assured by 17 times on Monday (the opening day). The subject matter should be shutting down on October 25. The bond shall get selected on first-come first-serve method. Ever since it was oversubscribed on the first day, individuals applying on the 2nd or 3rd day should be having no option to manage the bond.
- 4. HDFC Bank reported a net profit of Rs 912.1 crore for the quarter ended September on the support of strong growth in interest income, there has been an increase of a 32.7 per cent from Rs 687.46 crore an year before. Net interest income grew 29.2 per cent to Rs 2,526.3 crore, against Rs 1,955.3 crore in the September 2009 quarter.
- 5. State Bank of India (SBI) has valued its upcoming bond issue at the point of 9.50% for 15 years and 9.25% for 10 years. The proceeds on its 10-year bonds are approximately two fraction points above than what the bank presents on the five-year deposits and 123 basis points over the earnings on government bonds of parallel development.
- 6. Inflation has already registered a minor rise in the month of September, the food items have already become costlier. However, the rise has instantly prompted a prominent voice in the government called C. Rangarajan to urge an action on the same by the Central bank.
- 7. It is to be mentioned here that the inflation level based on the revamped wholesale price index based rose to 8.62% in September from 8.51% in August. It is expected that the inflation may force RBI to life the level of the lending rates once again in the coming times despite a weak 5.6% industrial growth in August
- 8. THANK YOU