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,... 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... 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.... 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... 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... 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... 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... Read more »
India is all set to grow by 7.5 per cent in the next three years supported by robust investment and private consumption, the World Bank has said. The Bank... Read more »
Around 6,800 cases of bank have been caught in a whopping Rs 71,500 crore fraud in 2018-19, the Reserve Bank of India has said. A total of 5,916 such... Read more »
Shares of PSU banks saw strong gains in an otherwise weak market on Tuesday. Reports have surfaced that the finance ministry is expected to infuse Rs 40,000 crore in state-owned banks... Read more »