Searched for
ANINDYA BANERJEE
Rupee also rises to 5-week high on peace deal hopesThe Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news o...
Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...
Investors fret about rates and dollar, cut back on gold, silverInvestors in gold and silver might be in for a rocky ride ahead. Experts caution that the meteoric rise seen last year is unlikely to repea...
RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
ICICI Bank adds most credit cards in April amid rising competitionAxis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. "We are ...
Crude above $110 rattles Dalal Street; rupee sinks to lifetime lowIndian markets experienced volatility on Monday. The rupee hit a new all-time low against the dollar. Bond yields rose significantly. Techn...
Credit card profit pool shrinks as revolvers evolve"The decline in the level of revolvers has impacted profitability," ICICI Bank group CFO Anindya Banerjee said, adding that the business re...
Rupee almost breaches 96/$ before clawing backThe Indian rupee neared 96/$ amid foreign fund outflows, oil inflation, and balance of payments concerns. Reported central bank interventio...
Gold EGRs vs gold ETFs: Which one should yellow metal investors choose?Gold has long been a trusted store of wealth in Indian households, valued both emotionally and financially. However, owning physical gold c...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
Why gold’s Rs 10,000 spike after import duty increase is a one-off moveGold and silver prices staged a sharp comeback on Wednesday, with MCX futures for both metals surging nearly 6% in a single session after t...
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Rupee hits record low of 95.33/$ as oil crosses $125/barrelThe Indian rupee plunged to a record low of 94.90 against the dollar on Thursday, hitting an intraday nadir of 95.33. Intervention by the R...
Rupee record fall explained: What's weighing the currency and where is it headed?Indian rupee hits low of 95.33 per dollar as surging crude oil prices and foreign outflows intensify economic pressures. Inflation risks, w...
RBI allows NDF contracts to clients, rebooking of related party tradesThe Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...
Buy the dip in gold? Rupee range & Fed impact explainedKotak Securities' Anindya Banerjee suggests silver may outperform gold due to strong base metal fundamentals. He notes that a rebound in th...
Rupee may find support at 87 as dollar index faces uncertainty ahead of Trump’s Policies: Anindya BanerjeeSo, there is ample opportunity for RBI to intervene and RBI has to keep intervening because at least after the Trump administration comes i...
Commodity Talk | January could be challenging for Gold, Silver: Anindya Banerjee, Kotak SecuritiesWhen there are outflows, the rupee tends to weaken. Additionally, most Asian currencies are depreciating against the dollar. When comparing...
Gold & silver price outlook: What to expect in the coming monthsThe dollar index has been supported around the 100 mark for the last year and a half. Despite rate cuts by other central banks like the ECB...
ETMarkets Special Weekend Podcast: Where is the rupee heading in 2018The local currency has appreciated around 40 paise on a year-to-date basis till January 12.