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Anticipate repo rate cut only in late 2024: SBI Capital Markets
Updated : 1 year, 9 months ago IST
SBI Capital Markets anticipated the interest rate cut in the late calendar year of 2024, adding that the Reserve Bank of India (RBI) is now focusing on local disinflation and growth while monitoring global trends.
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Steady repo rate supports affordability, confidence in housing market: Ana
Updated : 1 year, 9 months ago IST
The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged again is a boon for the Indian real estate sector, said real estate consultancy firm Anarock.
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CM Yogi's flagship programmes achieve notable success in fostering self-em
Updated : 1 year, 9 months ago IST
According to the quarterly report of the State Level Bankers Committee, recently presented to Chief Secretary Durga Shankar Mishra, over 6,000 small and large enterprises run by youth in the state have been approved under the MYSY. Additionally, out of the 723 units approved under the MMGRY,
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"Nothing can beat...": Rohit Sharma banks on Kohli's experience ahead of m
Updated : 1 year, 9 months ago IST
India captain Rohit Sharma lavished praise on Virat Kohli and has asked his team to step up for their marquee clash against their arch-rival Pakistan in the ongoing T20 World Cup.
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"First quarter's pension should reach accounts of all beneficiaries by Jun
Updated : 1 year, 9 months ago IST
Uttar Pradesh Chief Minister Yogi Adityanath has instructed that the funds for the first quarter of the upcoming financial year's pensions for senior citizens, destitute women, people with disabilities, and individuals affected by leprosy be sent to the bank accounts of eligible individuals
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Financial stability challenges need to be discussed, IMF MD echoed RBI's D
Updated : 1 year, 9 months ago IST
Georgieva, while welcoming the participants of the 23rd annual conference, invoked the need to supervise the dynamic financial sector. "Changes are being driven by many factors--from economic developments to geopolitics to climate--and by the force of ever-accelerating technological advancem
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Asia's economic boom: India's 7.2 pc growth projection sets pace in outper
Updated : 1 year, 9 months ago IST
This optimistic outlook aligns with the Reserve Bank of India's (RBI) latest monetary policy report, which predicts a robust growth rate of 7.2 per cent for India in the fiscal year 2025.
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Steady repo rate at 6.5 pc aligns with market expectations: NSE Macro revi
Updated : 1 year, 9 months ago IST
According to NSE Macro Review report, the policy repo rate remains unchanged at 6.5 per cent, with a continued 'withdrawal of accommodation' stance.
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World Bank team meets Himachal minister, apprises about ongoing projects
Updated : 1 year, 9 months ago IST
The World Bank team apprised the state minister of the work being done by Shimla Jal Prabandhan Nigam Limited (SJPNL) on the programme, estimating USD 250 millio
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Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 1 year, 9 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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Registration for third edition of Reserve Bank's hackathon starts; check p
Updated : 1 year, 9 months ago IST
Winners across each problem statement would receive Rs 40 lakh. A special prize of Rs 20 lakh would be awarded to the best 'all-women team' (a team comprising only women members), across all four problem statements. A stipend of Rs 5 lakh has been announced per team shortlisted for solution
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Moody's maintains stable outlooks on three Indian public sector banks
Updated : 1 year, 9 months ago IST
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
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