The system-wide non-performing assets stock has fell starkly to 9.3 percent in March 2019, more rapidly than the Reserve Bank’s estimate and far down from 11.5 percent the year before, says a... Read more »
State-owned lender Central Bank of India (CBI) is plans to raise capital up to Rs 5,000 crore in the financial year 2019-20 through various modes, including rights issue and FPO, to meet... Read more »
With regards to frauds in the banking sector to absence of effective controls, RBI Governor Shaktikanta Das Saturday said focus of the central bank in the upcoming months will be on corporate... Read more »
According to analysts, RBI’s rate cut will help increase India’s GDP, while keeping the policy stance accommodative. “For the third successive time, in line with the majority market expectations, the Monetary Policy... Read more »
Bankers have rejoiced as the RBI slashed interest rates and changed the policy stance from neutral to an accommodative one. The repo rate is now positioned at 5.75%. While it seems that... Read more »
For the third time in a row, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) today slashed interest rates by 25 basis points, as was widely expected. The MPC consisted... Read more »
India Ratings and Research believes a rate cut, which is almost certain, in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near term due to... Read more »
In a bid to tackle the liquidity crisis, the RBI has cut rates by 25 basis points. This move comes a month prior to the 2019 Budget presented by the Modi’s government... Read more »
The corporate performance for the March quarter of FY19 has improved on a quarterly basis as compared to last year, said CARE Ratings in its research report. The rating agency said that... Read more »
A full-year budget will be presented by the Finance Minister Nirmala Sitharaman, on July 5. Finance ministry has said that it would use the interim budget allocations made to ministries and departments,... Read more »