RBI will raise the repo rate in June, sooner than expected, according to a poll.
According to a poll, the Reserve Bank of India will raise its repo rate in June, and at a faster rate than forecast just a few weeks ago, as rising...
RBI will raise the repo rate in June, sooner than expected, according to a poll.
According to a poll, the Reserve Bank of India will raise its repo rate in June, and at a faster rate than forecast just a few weeks ago, as rising...
PM Narendra Modi to chair webinars on infrastructure, divestment
Prime Minister (PM) Narendra Modi will chair webinars on infrastructure (infra) and divestment-related Budget announcements on March 8 and March 9, respectively. The objectives of these meetings will be to brainstorm with...
RBI may hike reverse repo rate by 0.25% in next week’s policy
The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo rate at which the RBI absorbs excess liquidity and leave...
Indices post biggest fall in 6 months as inflation
By Administrator_ India Capital Sands India’s benchmark indices on Thursday posted their biggest single-day drop in about six months as concerns over inflation, valuations, and policy normalization by the RBI...
Bank deposits rise 12% in FY21 on higher CASA growth
By Administrator_India Capital Sands Bank deposits grew 11.9 percent year-on-year during 2020-21 compared to 8.8 percent in 2019-20 on the back of high growth in the current account and savings...
RBI imposes monetary penalty on Sarvodaya Co-operative bank
By Administrator_ India Capital Sands The Reserve Bank of India (RBI) on July 27 imposed a monetary penalty of Rs 1 lakh on Sarvodaya Commercial Co-operative Bank for non-compliance with directions...
RBI offers hassle-free trading in govt bonds for retail investors
By Administrator_ India Capital Sands The Reserve Bank of India on Monday said retail investors can open an account with the central bank in few easy steps online to start trading...
India’s record foreign exchange pile may not be adequate
By Administrator_ India Capital Sands India’s record of more than $600 billion of foreign exchange reserves might not be good enough, as it falls short on some measures including import cover...
RBI encourages investment in sovereign bonds as part of liquidity measures
By Administrator_ India Capital Sands The Reserve Bank of India is making longer-tenor sovereign bonds attractive again. Quantum Mutual Fund has moved to the 10-14 year segment after staying in duration of up to...