Page 11 - Rbi Policy

Worst of inflation behind us; mkt recovery to continue: Emkay's Sachin Shah

The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers

Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle

CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks

ICICI Bank, Bank of India, Indiabulls hike rates ahead of MPC meeting

The revised rates for new borrowers range between 7.80 per cent and 8.30 per cent, depending on credit and loan amount

To achieve positive real rate, MPC needs to take repo rate closer to 6%

In our view, the MPC is likely to deliver a 50 bps increase in the repo rate (currently at 4.9 per cent), for both global and domestic reasons

Tightening to continue

RBI has to cover more ground

Sensex sprints 545 pts, reclaims 58K; Nifty tops 17,300; TaMo up 7%, M&M 6%

CLOSING BELL: M&M (up 6 per cent) was the top Sensex gainer, followed by RIL, Maruti Suzuki, Bharti Airtel, Power Grid, Kotak Bank, Ultratech Cement, ITC, NTPC, SBI, Axis Bank, and Titan

RBI Policy: How has inflation fared since the last monetary policy meeting?

Ever since the RBI MPC started to hike the repo rate in May, CPI inflation has eased from 7.79 per cent in April to 7.01 per cent in June

BS policy poll: RBI may push rates up by 30-50 bps, say economists

MPC may front-load rate hikes to tame inflation, say economists

RBI may raise key policy rate by 25-35 bps to check inflation: Experts

Days after the US Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by 25-35 basis points to check high retail inflation, experts said

IDBI Bank sale: Clarity on sale glide path for buyers after EoI stage

Currently, the RBI guidelines require promoters to reduce their shareholding to 26 per cent in 15 years

Rupee snaps 11-week losing streak, RBI steps in after falling to 80-mark

MUMBAI (Reuters) - The Indian rupee snapped a 11-week losing streak on Friday, benefiting from Reserve Bank of India intervention after it fell through the 80-per-dollar mark.

RBI should come up with on-tap licences for UCBs, says Satish Marathe

The revised guidelines on UCB proposed a four-tiered regulatory framework with differentiated regulatory prescriptions aimed at strengthening the financial soundness of the existing UCB

PNB bond holdings of short maturity, less prone to rising yields: MD Goel

In a Q&A, Atul Kumar Goel says the lender has not sought any special dispensation from RBI to provide for MTM losses amid rising bond yields

Economist Pronab Sen's prescription for the uncertain state of economy

The forex reserve has shrunk and the country might be staring at a twin deficit. To get a better understanding, Business Standard's Bhaswar Kumar spoke to economist Pronab Sen. Let us listen in

Srei Equipment Finance's auditor Haribhakti resigns from immediate effect

In a letter to administrator of Srei Equipment Finance, Haribhakti cited RBI guidelines for the appointment of statutory central auditors /statutory auditors of commercial banks

Inflation risk has peaked in Asia; rate hikes may moderate: Morgan Stanley

Inflation as measured by the CPI index stood at 7.04 in May 2022, higher than the Reserve Bank of India's (RBI's) comfort zone of 2 - 6 per cent

RBI measures a step in right direction but forex inflows still seen limited

RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India

Top 5 factors that may set market direction in the second half of 2022

Investors are now looking toward potential triggers that may set the likely trajectory for equity markets in the second half of 2022.

Credit growth to industry accelerates to 8.7% in May, shows RBI data

Credit growth to industry accelerated to 8.7 per cent in May 2022, while for agriculture and allied activities, the off-take increased by 11.8 per cent, according to RBI data released on Thursday. Data on sectoral deployment of bank credit for May 2022 has been collected from select 40 banks that account for about 93 per cent of the total non-food credit. Credit growth to industry accelerated to 8.7 per cent in May 2022 from 0.2 per cent in May 2021. The Reserve Bank further said that credit to medium industries grew by 49.3 per cent in May 2022 as compared with 47.9 per cent last year. "Credit growth to micro and small industries continued to perform well, registering accelerated growth of 33 per cent from 8.9 per cent, while credit to large industries recorded a growth of 1.9 per cent against a contraction of 3.1 per cent during the same period last year," it said. Within industry, credit growth to all engineering, beverage and tobacco, chemicals and chemical products, ...

India's external debt rose to $620.7 bn in FY22, up 8% YoY: RBI data

India's external debt increased by USD 47.1 billion to USD 620.7 billion in the financial year ended March 2022, the Reserve Bank said on Thursday. However, the external debt to GDP ratio declined to 19.9 per cent at the end of March from 21.2 per cent at the end of March 2021. Valuation gains due to the appreciation of the US dollar as against Indian rupee and major currencies such as yen, euro and SDR were placed at USD 11.7 billion. "Excluding the valuation effect, external debt would have increased by USD 58.8 billion instead of USD 47.1 billion at end-March 2022 over end-March 2021," Reserve Bank of India (RBI) said in a statement. At the end of March, long-term debt (with original maturity of above one year) was placed at USD 499.1 billion, recording an increase of USD 26.5 billion over its level at the end of March 2021. During the same period, the share of short-term debt in total external debt increased to 19.6 per cent from 17.6 per cent. Similarly, the ratio of short-t