Home » Business » Economy

Economy - Page 299

On a similar note, Rajeev Radhakrishnan, head of fixed income at SBI Mutual Fund said pre-emptive rate hike seems more in response to financial market stability.

Rate hike in tune with global trend to back rupee

Indonesia also faced similar pressure, with the currency facing the heat from strong foreign debt outflows and rising...

7 Jun 2018 2:16 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Super credit registry mooted

RBI panel recommends setting up of credit info repository for people and companies to curb NPAs.

7 Jun 2018 2:15 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

After four years, RBI hikes repo rate by 25 bps to 6.25 per cent on...

This is the first increase in interest rate since January 2014. Since then, the RBI has slashed rates on six occasions.

7 Jun 2018 1:17 AM IST

HDFC Bank is Indias second largest private sector bank. (Photo: PTI)

RBI may go for more rate hikes, says HDFC Bank

The boost in liquidity through changes in liquidity coverage ratio will be offsetting the repo rate hike.

6 Jun 2018 5:44 PM IST

Axis Bank launched a home loan product that entails waiving off a few EMIs during the course of a loan. Photo: PTI

Home loan and auto loan to go up as RBI hikes policy rate

The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6 per cent.

6 Jun 2018 5:03 PM IST

The Central Statistical Organisation had estimated a GDP growth of 7.1 per cent for 2016-17 earlier in January.

RBI retains 7.4 per cent GDP growth forecast for FY 2018-19

The Indian economy had grown at 6.7 per cent last fiscal.

6 Jun 2018 3:52 PM IST

RBI has included HDFC in its list of too big to fail banks.

RBI marginally revises upwards inflation forecast

Retail inflation, based on Consumer Price Index (CPI), rose sharply to 4.6 per cent in April.

6 Jun 2018 3:42 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Expert views on RBI policy rate hike

The reverse repo rate was also raised by 25 basis points to 6.00 per cent.

6 Jun 2018 3:24 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank forecasts 7.3 per cent growth for India

India's growth potential is about 7 per cent, and it is currently growing at a pace above its potential.

6 Jun 2018 3:05 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

After four and a half yrs, RBI hikes repo rate by 25 basis points to...

RBI has increased the reverse repo rate -- the rate at which RBI borrows from commercial banks -- to 6 per cent.

6 Jun 2018 2:40 PM IST

IDFC Bank on Wednesday said it has received RBIs approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company.

IDFC Bank and Capital First get RBI nod for merger

Earlier in January, the company said its board of directors has approved amalgamation of the three entities with IDFC...

6 Jun 2018 11:51 AM IST

Prime Minister Narendra Modi said, Ujjwala Yojana has strengthened the lives of the poor, marginalised, Dalits, Tribal communities. (Photo: Screengrab/narendramodi.in)

Govt has eased norms, provided funds to promote startups: PM Modi

Adequate capital, courage and connecting with people are required for excelling in the startup sector.

6 Jun 2018 11:10 AM IST