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S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high

The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …

ANI   


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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…

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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady

Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…

ANI   


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TRAI leads joint committee of regulators to strengthen measures against spam and telecom fraud

Attendees included members of the JCoR from IRDAI, PFRDA, RBI, SEBI, MoCA, MeitY, and TRAI, with re…

ANI   


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Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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Rupee rises 8 paise to 83.89 against US dollar in early trade

The rupee rose 8 paise to 83.89 against the US dollar due to favorable domestic equities and a dip …

PTI   


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RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das

"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …

PTI   


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Rupee falls 1 paisa to close at 83.96 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…

PTI   


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Stock market closing: Sensex, Nifty close the day in red, IT, metal, realty and oil and gas indices dip 1% each

Out of the 2,783 stocks traded during the day, 1,186 saw advances, while 1,528 declined and another…

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RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Rupee trades in narrow range against US dollar in early trade

The rupee remained steady at 83.92 in Wednesday's trade, impacted by positive domestic equities and…

PTI   


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Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts

The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…

ANI   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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Nifty, Sensex gain in morning trade as investors await RBI monetary policy

Indian stock indices were marginally higher at Wednesday's opening bell, tracking positive cues fro…

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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG

Deepening financial inclusion is not merely about increasing the number of bank accounts but about …

PTI   


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RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI