Steady domestic consumption is expected to provide a strong boost to demand during the upcoming festive season, according to a report by Bank of Baroda.
According to Bank of Baroda, floating car loan interest rates now start from 8.15 per cent* per annum (earlier 8.40 per cent per annum), with immediate effect.
India's economy is expected to expand by around 6.5 per cent in FY26, reflecting steady domestic momentum, said the Bank of Baroda, noting that the escalating concerns over ongoing tariff negotiations pose a downside risk, with potential adverse effects on the external sector.
The Reserve Bank of India's decision to lower interest rates has led to a marked decline in borrowing costs for companies, thereby boosting debt serviceability across several sectors, according to a report by the Bank of Baroda (BoB).
Foreign capital inflows into India are likely to accelerate following S&P's recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB).
If Russian oil exports were to be disrupted, it could create a major problem for the global economy, however, for India, the impact is expected to be limited, according to a report by Bank of Baroda
A delegation from Bank of Baroda met Uttarakhand Chief Minister Pushkar Singh Dhami to contribute Rs 1 crore to the Chief Minister's Relief Fund for disaster relief work in the Dharali and Harsil areas.
Despite the fresh headwinds from elevated U.S. tariffs, India's strong domestic economic fundamentals are expected to support foreign direct investments (FDI) in the country, according to Sonal Badhan, Economics Specialist at Bank of Baroda.
The Reserve Bank of India (RBI) is likely to keep the terminal rate at 5.5 per cent for some time in the near-term, asserted Bank of Baroda Economist Jahnavi Prabhakar, citing the central bank's guidance that future actions will be data dependent and on basis of ongoing development on extern
The central government has managed to save Rs 560 crore so far in the current financial year (FY26) through debt switching operations, according to a recent report released by Bank of Baroda.
India's reliance on domestic consumption rather than exports is a key strength in navigating the recently imposed reciprocal tariff, said Madan Sabnavis, Chief Economist at Bank of Baroda.
After the implementation of GST in the country the tax payers base has increased and tax evasion reduced, according to a research report by Bank of Baroda.