The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
Inflation in Asia is moderating and the central banks in the region are likely to cut interest rates to support economic growth come the fourth quarter of 2023 (October-December), Morgan Stanley said in a report.
Pune (Maharashtra) [India], April 22 (ANI/NewsVoir): A fixed deposit (FD) is one instrument that offers secured returns on your deposit. This is because it is unaffected by market movements. Banks, Post offices, and Non-Banking Financial Companies (NBFCs) all offer FD. Since bank and post of
Former Karnataka Chief Minister Jagadish Shettar, who joined the ranks of Congress said that hurting his self-respect will definitely affect the vote bank of BJP since the people of the state are wise enough not to cast their vote in favour of the saffron party.
According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
Ajay Banga "is uniquely equipped to lead the World Bank at such a critical moment, and he's an exceptional candidate", Patel said during a press briefing on Friday.
According to the State Bank of Pakistan Act amended in 2022 on the dictation of the International Monetary Fund (IMF), government borrowing from the central bank is banned.
The central bank statistics reflect an increase in credit for Islamic banks to AED 396.9 billion at the end of January 2023, an annual increase of 3.5 percent compared to nearly AED 383.36 billion in January 2022, and an increase of nearly AED 13.3 billion in 12 months.
The recent detention of a Chinese national in Pakistan has sent shockwaves through the international community. Tian, in charge of heavy machinery, for China Gezhouba Group Company at the World Bank-financed, Dasu hydropower project in the Kohistan district of Khyber Pakhtunkhwa, was detaine