India's inflation outlook appears favorable, with the possibility of aligning with the Reserve Bank of India's (RBI) 4 per cent target in the coming months, highlighted a report by Bank of Baroda.
The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender.
Finance Minister Nirmala Sitharaman clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), are not intended to replace any international currency.
The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from "neutral" to "accommodative," according to a report by Bank of Baroda.
Real estate leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary policy committee.
RBI Governor Sanjay Malhotra on Friday said India can certainly achieve 7 per cent or above growth and that should be what the country should aspire for.
In a move that is expected to boost residential real estate, business investments, and overall economic growth, experts have welcomed RBI's repo rate cut, combined with budgetary measures for real estate and investments -- a game changer for economic growth.
The Reserve Bank of India (RBI) will have to look for additional measures other than a rate cut to infuse enough liquidity in the banking system according to a report by Emkay Research.
The upcoming monetary policy announcement by the Reserve Bank of India (RBI) is expected to provide clarity on crucial aspects that will shape the financial services sector, according to a report by HSBC.
Indian stock markets opened on a positive note on Thursday, with investors maintaining a cautious stance ahead of the Reserve Bank of India's (RBI) interest rate decision.