The Bombay Stock Exchange benchmark Sensex today rose by over 57 points on buying in interest rate sensitive auto, realty and banking stocks as RBI steps matched with the street expectations.
The Reserve Bank of India (RBI) appears set to begin tightening money supply, judged by its warning on Thursday, the eve of the credit policy review -- that stronger recovery
Ahead of the Reserve Bank of India’s credit policy review amid surging inflation, leading private bank ICICI Bank today foresaw no immediate increase in interest rates.
Indian banks profits would be hurt after the Reserve Bank raised the provision ratio for bad debts in its credit policy review.
D Subbarao today said there is no threat of deflation.
Bankers say term deposit rates will also go south by 0.5% to 0.75%
Another concern is on how to maintain credit flow to productive sectors
Stating the Reserve Bank's credit policy to be "on expected lines", bankers toda
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