Rupee slips to 2-year low on yuan devaluation; will it weaken further?From Monday's close of Rs 63.87 against US dollar, the Indian unit has fallen 1.6% since the Chinese exchange rate move.
12 Aug, 2015, 03.22 PM IST
Rise in equity market from current levels is going to be gradual: K Harihar, FirstRand BankTypically when these kinds of things happen, you try to link it to a global factor or a local factor. If you look at the global factor, the...
23 Apr, 2015, 04.02 PM IST
RBI measures will take time to pay off : K Harihar, FirstRand BankEarlier when the market was looking at 58, we would probably look at slightly higher elevated level of 60-61 before the exporters decided t...
16 Aug, 2013, 02.44 PM IST
RBI measures will be reversed once Re corrects to 57-58/$: K Harihar, FirstRand Bank"RBI would not probably tinker with either of the CRR or the repo, partly because initial measures are working," says K Harihar, FirstRand ...
29 Jul, 2013, 02.52 PM IST
- Manipal Group ties up with Durban University of Technology for cooperation in education & training
Manipal Group, with the assistance of FirstRand Bank, has signed a MoU with Durban University of Technology in South Africa.
09 Apr, 2013, 06.39 PM IST
FirstRand Bank eyes break-even by next fiscal-endFirstRand Bank India is hopeful of reaching the break-even point in its commercial banking services in India by next fiscal.
27 Mar, 2013, 04.23 PM IST
- Rupee could breach 58-60 levels: K Harihar, FirstRand Bank
"Irrespective of what the RBI might do, the lasting move will only come when exporters start selling forward dollars," K Harihar of FirstRa...
26 Jun, 2012, 09.52 AM IST
FirstRand Bank India offers 7.25% interest on savings accountsFirstRand Bank India (FRB) has announced to offer an interest rate of 7.25 per cent on savings accounts, a bank release said.
22 May, 2012, 10.53 PM IST
- Rupee may test levels of 54/30: FirstRand Bank
When there is a trade deficit and capital flows do not cover the gap, rupee has to be obviously weaken. From that point of view, it might r...
09 May, 2012, 02.15 PM IST
- FirstRand bank enters into retail, commercial banking operations in India
FirstRand Bank today entered into retail and commercial banking operations in India with opening of a branch in the city.
18 Apr, 2012, 04.41 PM IST
- Rupee strengthening unlikely to be a continued trend: K Harihar, FirstRand Bank
K Harihar, Treasurer, FirstRand Bank, in an interview with ET Now gives his perspective on rupee. Excerpts:-
17 Jan, 2012, 05.32 PM IST
- There is a case of doing a 25 bps hike: K Harihar, FirstRand Bank
K Harihar, Treasurer, FirstRand Bank Ltd, in an interview with ET Now, speaks on whether or not the RBI is going to hike rates. Excerpts:
15 Sep, 2011, 02.52 PM IST
- Bond yield at 2-year high as IPO sales drain funds
Ten-year bonds fell, pushing yields to the highest level in two years, on speculation share sales in state-owned companies will squeeze cas...
21 Oct, 2010, 05.44 AM IST
- Heard on the Street: Strategic stake sale buzz boosts JM Financial
Traders appear to be convinced that JM Financial will eventually offer stake to a strategic investor, even though the company has persisten...
20 Oct, 2010, 01.27 AM IST
- Rupee to trade in range of 46.40 to 46.90: K Harihar
In an interview to ET bureau, K Harihar, Treasurer, FirstRand Bank India, gives his views on the Euro and the impact any movement in the cu...
12 Jul, 2010, 06.23 PM IST
- Decoupling seems to be happening of rupee
In an interview to ET bureau, K Harihar, Treasurer, FirstRand Bank India, gives his views on the Euro and the impact any movement in the cu...
12 Jul, 2010, 06.23 PM IST
- Lizer in expansion mode, to double capacity
CNG and industrial cylinders manufacturer, Lizer Cylinders Ltd, a recent entrant in the market, plans to double its installed capacity to f...
23 Apr, 2008, 11.38 AM IST