Category: INR News

Indian Rupee News and Analysis from varies Financial media, we summarize all INR news into a sitemap summary with link to related INR News for the one who wanted to catch up Indian Rupee price change in timely manner.

Daily Rupee call: The dollar’s strength likely to drag INR lower

BL Research BureauThe rupee (INR) dropped considerably and settled last week lower by 12 paise as it ended at 73.24 versus preceding week’s close of 73.12 against the dollar (USD). Over the past couple of weeks, the attempt by the rupee bulls to lift it above the resistance of 73 has gone in vain, and it continues to face selling pressure whenever INR nears that level.Even today, the...

Rupee opens lower, but likely to appreciate

INR opens with a considerable gap-down at 73.75 against USD Want to know more click here go to The Hindu Business Line market news source….

Daily Rupee call: INR likely to face downward pressure

BL Research BureauWhile the rupee (INR) is trading within the price band 73.50 and 73.85, the local currency attempted to rally past the resistance at Want to know more click here go to The Hindu Business Line market…

Daily Rupee call: Go long if INR breaks out of 73.50

BL Research BureauThe rupee (INR) strengthened marginally last week and ended 13 paise higher at 73.65 versus 73.78 against the dollar (USD). Thus, th Want to know more click here go to The Hindu Business Line market news…

Rupee settles 13 paise higher at 73.80 against US dollar

The Reserve Bank of India (RBI) on Friday left interest rates unchanged for the third straight time amid persistently high inflation and said the economy was recuperating fast and would return to positive growth in the current quarter itself….

Borrowing cost may rise for lenders

The troubled private bank on Thursday said it has written down all of its Basel III compliant Tier-2 bonds as advised by the Reserve Bank of India (RBI), which is arranging its merger with DBS Bank India. RBI had previously written down the entire equity capital of LVB as part of the merger.Want to know more on Borrowing cost may rise for lenders click here go to market...

Lakshmi Vilas Bank becomes DBS India

New Delhi, November 27 Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday. The Reserve Bank of India had announced November 27 as the effective date of merger...

Delhi High Court stays RBI’s show cause notice to UVARCL

The Delhi High Court on Friday stayed a Reserve Bank of India notice warning of possible cancellation of UV Asset Reconstruction Company Ltd’s (UVARCL) registration, over what the central bank termed an illegal bankruptcy resolution proposal moved by the ARC for telecom firm Aircel.Want to know more on Delhi High Court stays RBI's show cause notice to UVARCL click here go to market news source. Market news summary...

Ahead of GDP data, RBI guv says growth outlook better

Reserve Bank of India governor Shaktikanta Das said on Monday that the Indian economy has exhibited stronger than expected pick-up and the growth outlook has improved but cautioned over the need to be watchful over downside risks of a fresh surge in infections, the sustainability of demand after festivals and a possible reassessment by markets around vaccine expectations.Want to know more on Ahead of GDP data, RBI guv...

Economy recovering, but need to sustain momentum: RBI Governor

Mumbai, November 26 After the 23.9 per cent GDP contraction in the April-June quarter following the Covid pandemic, economic recovery momentum has been stronger than expected, Shaktikanta Das, Governor , Reserve Bank of India (RBI) said on Thursday. Das, however, said that we need to be watchful of the demand momentum sustaining after the festivities as well, and also warned of downside risks to growth coming from a...
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