Search Results for: e-retail

indian-banks-to-wait-before-hiking-loan-rates-post-rbis-tightening

Indian banks to wait before hiking loan rates post RBIs tightening

Mumbai, Jan 29 (ANI): Top Indian bankers said that they would wait to observe inflation and market trends further, before increasing the interest rates of loans to citizens for balancing funds due to the sudden hike in repo rate by the RBI. Reserve Bank of India (RBI), surprisingly raised interest rates for lending money to commercial banks on Tuesday to dampen inflation, saying it was now better prepared to deal with the risk of major capital outflows roiling emerging economies. The RBI, however, said that if retail inflation eases as projected, it does not foresee further near-term monetary policy tightening. The hike in repo rate could have a direct impact on the lending rates of funds borrowed by the citizens from the commercial banks. Meanwhile, chief of Indian Banks’ Association, K.R. Kamath, said that banks would have to take a final call on the interest rates only after considering the burden on customers due to inflation. Jan 29, 2014
bse-closes-points-23-94-down-on-jan-28

BSE closes points 23.94 down on Jan 28

New Delhi, Jan 28 (ANI): Trading at the Bombay Stock Exchange today closed 23.94 points down to stand at 20683.51. At the National Stock Exchange the Nifty closed 9.60 points down to stand at6126.25. HDIL and Apollo Tyres were among the top gainers of Group A with an increase of 6.09% and 6.07% along with Future Retail and IPCA Lab with an increase of 4.26% and 3.89% respectively, while the top losers of Group A include Maruti Suzuki and IRB Infra with a decrease of 8.12% and 5.19% along with Suzlon Energy and Pipavav Defence with a decrease of 4.59% and 4.43% at the close of the markets. The Auto sector is up 18.64 points at 11,574.00 while the banking sector is down 36.58 points at 12,020.48 and the realty sector is up 13.17 points at 1,231.23. The Indian currency is up 0.67% at Rs 62.68 per dollar. Jan 28, 2014
bse-closes-points-240-50-up-on-jan-15

BSE closes points 240.50 up on Jan 15

New Delhi, Jan 15 (ANI): Trading at the Bombay Stock Exchange today closed 240.50 points up to stand at 21,273.45. At the National Stock Exchange the Nifty closed 79.05 points up to stand at 6320.90.Max India and Future Retail were among the top gainers of Group A with an increase of 8.65% and 6.33% along with Unitech and Bank of India with an increase of 5.22% and 4.09% respectively, while the top losers of Group A include Prestige Estates and Nestle India with a decrease of 3.45% and 2.49% along with Mcleod Russel and Amara Raja with a decrease of 2.49% and 2.45% at the close of the markets. The Auto sector is up 153.91 points at 12,133.76 while the banking sector is up 185.70 points at 12,692.97 and the realty sector is up 17.90 points at 1,356.30.The Indian currency is down 0.15% at Rs 61.62 per dollar. Jan 15, 2014
Prev 257 258 259 260 261 262 263 264 265 266 Next