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Reserve Bank Of India (rbi)
Business  /  Published 23.04.22

UBS lowers growth forecast

UBS cut India’s 2022-23 economic growth forecast by 70 basis points to 7 per cent on Friday, citing slowing global growth due to high commodity prices and weak local demand because of energy pri...
By Reuters in Bangalore

Business  /  Published 23.04.22

BoB bucks the trend

State-owned Bank of Baroda (BoB) on Friday went against the tide by reducing the home loan interest rate by a hefty 25 basis points to 6.50 per cent for a limited period. The move comes at a time some...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.22

Voice of caution at MPC meet

The meeting of the RBI’s monetary policy committee (MPC) this month saw an interesting turn when external member Jayanth R. Varma voted in favour of remaining accommodative even as he called for...
By Our Special Correspondent in Mumbai

Business  /  Published 19.04.22

SBI hikes base rate by 0.1%

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will...
By Our Bureau, PTI in New Delhi

Business  /  Published 14.04.22

RBI expected to raise repo rate in June

The spike in the March retail inflation to 6.95 per cent followed by the jump in bond yields has ignited a debate on the extent and timing of RBI’s repo rate hike — which will make home an...
By Our Special Correspondent in Mumbai

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Business  /  Published 14.04.22

Rupee-crypto deals halted

Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency through a widely-used state-backed transfer network, spurring users to renew dem...
By Reuters in New Delhi

Business  /  Published 13.04.22

10-yr gilt yield may hit 7.5 per cent

Yields on the benchmark 10-year bond are expected to now touch 7.5 per cent during this fiscal with CPI (consumer price index) inflation coming in at a 17-month high of 6.95 per cent. Market circles ...
By Our Special Correspondent in Mumbai

Opinion  /  Published 10.04.22

Return to orthodoxy: RBI

The policy wonks on Mint Street have finally turned hawkish. The six-member monetary policy committee of the Reserve Bank of India has signalled a clear shift towards a higher interest rate regime in ...
By The Editorial Board

Business  /  Published 08.04.22

'RBI shifting focus to inflation'

After three years of attempting to push growth, the Reserve Bank is shifting its policy priorities to tackle the rising inflationary pressures, Governor Shaktikanta Das said on Friday. He also made i...
By Our Bureau, PTI in Mumbai

Business  /  Published 08.04.22

Cardless cash withdrawals at all ATMs soon: RBI

  In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawals through ATMs. Currently, cardless cash withdrawal through ATMs is a per...
By Our Bureau, PTI in New Delhi


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