India’s central bank is likely to keep interest rates unchanged for the third meeting in a row as inflation remains stubbornly high and signs appear that growth begins to return to Asia’s third-largest economy. The six-member Monetary Policy Committee is forecast to keep the benchmark repurchase rate at 4% on …
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The Indian economy is expected to recover faster than expected and the Reserve Bank has likely reached the end of the rate easing cycle, according to global forecasting firm Oxford Economics. Furthermore, he said that inflation is expected to average significantly above 6 percent in the fourth quarter of the …
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What did the RBI warn about falling GDP amid the pandemic and what awaits us? The story so far: The latest monthly newsletter of the Reserve Bank of India (RBI) features an article by an official in its Monetary Policy Department titled ‘An Index of Economic Activity for India’, where …
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MUMBAI: The RBIRules on corporate loans restructuring they are likely to exclude a large number of companies bankers expect advances worth just Rs 2-3 lakh crore will qualify for recast. A five-member committee headed by KV Kamath, set up by the RBI to examine the parameters within which restructuring may …
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