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4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Oversea-Chinese Banking Corp. Limited    OCBC   SG1S04926220

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RBI INTERVENING TO KEEP THE RUPEE STABLE: DBS BANK

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08/06/2016 | 02:00am CEST

DBS Bank of Singapore expects the Reserve Bank of India (RBI) to keep intervening to keep the rupee stable. RBI has been net buyer of US dollars in three months during Jan-May 2016 - absorbing short-term inflows and keeping the rupee in sync with regional movements. RBI is likely to continue with net intervention purchases in Jul 2016 as the rupee strengthened past 67 to a dollar.

Copyright (c) 2016 . Informatics India Ltd., source Indian Business Insight

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Financials ( SGD)
Sales 2016 8 604 M
EBIT 2016 4 636 M
Net income 2016 3 559 M
Debt 2016 -
Yield 2016 4,20%
P/E ratio 2016 9,99
P/E ratio 2017 9,71
Capi. / Sales 2016 4,13x
Capi. / Sales 2017 3,93x
Capitalization 35 563 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 8,84  SGD
Spread / Average Target 4,2%
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NameTitle
Samuel Nag Tsien Group CEO & Non-Independent Executive Director
Sang Kuang Ooi Chairman
Wei Hong Ching Chief Operating Officer
Siew Peng Tan Chief Financial Officer & Executive Vice President
Khiang Tong Lim Head-Group Operations & Technology
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