This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points …
MUMBAI – Indian government bond yields stayed higher on Friday, with the benchmark yield touching a nearly two-month high, as the Reserve Bank of India maintained rates and stance as widely expected while sounding cautious on inflation. The yield on the benchmark 10-year was at 7.1069% as of 11:10 a.m. IST, after closing at 7.0934% …
Indian banks are strong enough to withstand adverse macroeconomic and credit stress without compromising on the regulator-mandated capital position, but the wide adoption of technology and innovation are threatening financial stability, requiring regulators’ attention, the Reserve Bank of India said. Perception of riskiness of the Indian banking system has improved in relation to the global …
The Reserve Bank of India (RBI) has an important warning for the public. The country’s apex bank RBI has cautioned the public not to fall prey to misleading advertisements related to loan waiver offers on social media platforms like Facebook, Instagram and others.In a statement, RBI said that it has noticed certain misleading advertisements enticing …
Mumbai: When Reserve Bank of India (RBI) Governor Shaktikanta Das began Friday by saying that the monetary policy review was not just a ‘status quo’ one but would ‘reveal and give an idea of our approach not only to monetary policy but also to various aspects of monetary policy,’ few knew what was in store. …
The Reserve Bank of India (RBI) kept the repo rate unchanged at 6.50 per cent for fourth time in a row. This has gone down well among the housing market as they have cheered the RBI Governor Shaktikanta Das led Monetary Policy Committee’s (MPC’s) decision to keep the key interest rate unchanged in recently concluded …
In the recently concluded meeting of the Monetary Policy Committee, chaired by Reserve Bank of India Governor Shaktikanta Das, the panel unanimously decided to keep the repo rate- the key lending rate- unchanged at 6.5 per cent for the fourth time in a row, also leaving its policy stance unchanged with focus on withdrawal of …
RBI Governor Shaktikanta Das-headed Sub-Committee of the Financial Stability and Development Council (FSDC-SC) on Monday resolved to remain vigilant against any build-up in vulnerabilities in the financial system as well as in the broader economy amid uncertain global environment. With a view to strengthening and institutionalising the mechanism for maintaining financial stability, enhancing inter-regulatory coordination …
Mumbai: Bajaj Housing Finance, the home finance subsidiary of Bajaj Finance, has sought more time from the Reserve Bank of India (RBI) to list on the local stock market, arguing that the October 2025 deadline is too soon for a housing finance company (HFC) that is just five-and-a-half years old. The request was made during …
Mumbai: The Monetary Policy Committee appears prepared to look past the seemingly transitory phase of high inflation stoked by vegetable prices, but steps to reduce liquidity overhang in the banking system are likely to help contain price pressures, minutes of its August 8-10 meeting showed. “Given the likely short-term nature of the vegetable price shocks, …