Tag: reserve bank of india
India’s forex reserves decline for third consecutive week
India’s foreign exchange reserves declined for the third week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 [Read more about this post…]
Credit demand, low liquidity boost deposit rates at banks
Lenders raised deposit rates by an average 96 basis points through FY24 despite the Reserve Bank of India (RBI) holding policy rates steady since February [Read more about this post…]
RBI’s credit card curbs are a classic case of ‘prevention is better than cure’
The Indian economy has been doing well, with three consecutive quarters of 8%-plus growth so far in FY24. During this period, the banking sector’s credit [Read more about this post…]
Top Stock Recommendations: Dharmesh Shah of ICICI Securities recommends buying RIL and LIC Housing Finance tomorrow
The Midcap index rose 4%, which is the biggest weekly rise in the last seven months. The Small cap index surged 7%. According to analysts, the [Read more about this post…]
RBI reiterates need for underlying forex exposure for rupee derivatives transactions
MUMBAI : The Reserve Bank of India (RBI) has reiterated that underlying foreign exchange exposure is necessary for transacting in exchange-traded currency derivatives (ETCDs). “There [Read more about this post…]
RBI monetary policy: CPI inflation for FY25 is projected at 4.5%
RBI MPC Announcement: The Reserve Bank of India (RBI) projected CPI inflation for FY25 at 4.5%. The RBI governor, Shaktikanta Das, said during the RBI [Read more about this post…]
banks: Banks open to exploring a pact on sharing default info with rating firms
Mumbai: After every blow up in the financial markets, credit rating agencies (CRAs), often the whipping boys in a fiasco, complain how they have been [Read more about this post…]
