Lamenting the arbitrariness of banks in pricing loans to borrowers and delaying monetary transmission, the Reserve Bank of India (RBI) is planning to bring a new external benchmark for lending rate
As widely expected, the Monetary Policy Committee (MPC) of the central bank decided to keep interest rates unchanged, shrugging off government pressure to cut rates to boost economic growth.
While the Monetary Policy Committee (MPC) of the central bank is likely to maintain a status quo on rates on Wednesday, the central bank may push banks to cut lending rates given the abundant liqui
The Monetary Policy Committee of the Reserve Bank of India (RBI) is caught in a bind as it meets over the next two days to announce the fourth bi-monthly monetary policy on Wednesday.
Referring to the recent outflows by foreign institutional investors, Ritesh Jain, chief investment officer, BNP Paribas Mutual Fund, tells Falaknaaz Syed that FIIs
With domestic risks emanating from falling economic growth, widening fiscal and current account deficit, nervousness among foreign investors have risen hurting the rupee.
The rupee on Thursday declined by 53 paise to near three-month low of 64.80 against the US dollar.
With a decreasing allocation to emerging markets seen in global allocations in August, it appears that there may not be much appetite for Indian equities by FIIs in the interim.
The capital market regulator’s new debt disclosure norms that kick in from October 1 are a double-edged sword.
India’s foreign exchange reserves touched a record high of $400.73 billion for the first time. Much of the growth in the reserves happened in the last three years.