The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast ...
The RBI said that all loan disbursals and repayments are required to be executed only between the bank accounts of a borrower and RE without any pass-through via a pool account of LSP or any third par...
More banks are now hiking their lending rates after the RBI raised the policy repo rate last week by 50 basis points. HDFC Bank and IDFC First Bank have raised their marginal cost of funds-based lendi...
The Reserve Bank of India has hiked its trend-setting lending rate to pre-pandemic levels as it struggles to tame stubbornly high inflation and shield the rupee from attack.
The central bank in...
Equity benchmarks began the trade on a positive note on Friday in tandem with largely firm Asian markets and ahead of the RBI's policy meeting outcome.
The 30-share BSE benchmark climbed 227.89 p...
The Reserve Bank on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation and defend the rupee.
The repurchase r...
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) began its three-day meeting on Wednesday, with economists differing on the amount of hike in the policy repo rate.
Though analys...
The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the inte...
At the NSE, the broader NSE Nifty finished at 17345.45, up 5.40 points or 0.03 per cent.
Bond prices also rallied with yields on the benchmark 10-year paper dropping to 7.19 per cent against the prev...
India’s trade deficit ballooned to a record $31.02 billion in July because of high commodity prices and a weakening rupee. Exports dipped marginally 0.76 per cent to $35.24 billion in July but i...