The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system.
"As a result, the Standing Deposit Facility (SDF) rate remains at 6.25 per cent, and the Marginal Standing Facility (MSF) rate, along with the Bank Rate, stays at 6.75 per cent," Das added.
The Reserve Bank of India (RBI) may keep the current policy rates unchanged in the ongoing Monetary Policy Committee (MPC) meeting, according to a report by the Union Bank of India.
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI).
The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
"#6ETravelAdvisory: The weather conditions remain largely unchanged and continue to be unfavourable, with flights to/from #Chennai, #Tuticorin, #Madurai, #Tiruchirappalli & #Salem still impacted," the airline posted on X on Wednesday.
Among Nifty-listed companies, 19 stocks advanced, 30 declined, and 1 remained unchanged. Power Grid, Trent, HCL Technologies, Infosys, and Tech Mahindra led the gains, while Asian Paints, Britannia, Apollo Hospitals, Cipla, and ONGC registered significant losses.
Taiwan's top intelligence official stated that the United States is likely to maintain its policy of containing China while continuing to support Taiwan, regardless of the outcome of the 2024 US Presidential elections.
The rate of the widely used 19 kg commercial LPG cylinder has been increased by Rs 62, bringing the price in Delhi to Rs 1,802. Earlier the cost of commercial cylinder in the national capital was Rs 1,740.