K V Kamath, non-executive chairman of ICICI Bank, on Friday said the rupee was undervalued.Speaking to reporters after delivering a lecture on the current state of the economy, he said, “In the last few months, the currency has responded to very thin cues, and movements have been very violent…Ultimately, the economic health of the country will define the balance of your currency.”Kamath said India’s economic climate had started improving. “Policy (is) moving ... Rediff.com, 2 months ago
Rupee volatility needs to be contained, says K.V. Kamath - Business Line, 2 months ago
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The Reserve Bank needs to go beyond the textbook approach of hiking rates to fight inflation, ICICI Bank Chairman K V Kamath has said. "Inflation needs innovative solutions. We need to move away from the older methods to curb inflation," he said at a speech ...Deccan Herald, 2 months ago
Bankers were tight-lipped on the action that are likely to be taken on deposit and lending rates following the Reserve Bank of India upping the repo rate and paring the interest rate on the . Top bankers gave their views on the RBI's second quarter ...Hindu Business Line, 1 month ago
MUMBAI: The biggest challenge before Reserve Bank of India governor Raghuram Rajan is choosing out of 26 aspirants who have applied for a bank licence. Since the collapse of even one small bank can have a cascading impact on the financial sector, ...Times of India, 2 months ago
The All India Management Association, the apex body of Indian management professionals, will confer Managing India Awards 2013 on Wipro Chairman Azim Premji and ICICI Bank Chairman K V Kamath on the occasion of its 40th National Management Convention.AIMA will confer its Corporate Citizen of the Year award to Premji and the Outstanding Institution Builder award to Kamath next week, it said in a release. The association will also present the AIMA JRD Tata Corporate Leadership Award to ICICI ...Rediff.com, 2 months ago
NEW DELHI, Oct 19: Anand Mahindra, Chairman of Mahindra Group, has been named as Entrepreneur of the Year 2013′ by Forbes India. The jury, headed by K V Kamath, non-executive chairman of ICICI Bank, included Adil Zainulbhai, Chairman-India of ...Daily Excelsior.com, 1 month ago
State industrialists are miffed at the Nitish Kumar-led government keeping them out of the Bihar State Industrial Investment Advisory Council even after a year of its formation. The councils second meeting is scheduled to be held in Mumbai on ...Calcutta Telegraph, 1 month ago
Posted by Equitymaster Right from inflation to interest rate hikes, and the over-heated economy to governance issues, this legend knows it all. Mr K V Kamath , the ICICI Bank Chairman talks about the current economic situation. Is the worst behind us? May ...Equitymaster.com, 2 months ago What is hampering investments in India? Equitymaster.com, 2 months ago
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