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Policy rate hike: SBI says it's forward-looking; HDFC Bank says in line wi
Updated : 3 years, 3 months ago IST
The Chairman of the country's largest bank said, "A visible improvement in consumer and business confidence as per RBI surveys augurs well for the future growth outlook. Imparting operational flexibility to banks in managing their investment in HTM (Held to Maturity) limit will have an order
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Industry bodies welcome RBI's rate hike.
Updated : 3 years, 3 months ago IST
FICCI said this pragmatic approach of RBI will nurture growth and PHD Chamber said calibrated approach to maintain economic growth would be vital to attract investments as inflation is cooling down significantly.
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RBI has done a good job in increasing forex reserves: Raghuram Rajan
Updated : 3 years, 7 months ago IST
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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RBI's repo rate hike part of synchronised event globally: Finance Minister
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
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RBI rate hike a 'win-win' situation for markets, banks
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
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