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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By Alun John, Sumeet Chatterjee and Lawrence White HONG KONG / LONDON (Reuters) – Shares of HSBC in Hong Kong and those of Standard Chartered in London fell to their lowest level since at least 1998 on Monday after media reported that they and other banks, including Barclays and Deutsche …
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MUMBAI: Former Central Bankers Raghuram rajan and Viral Acharya have written a document in banking sector reforms where they have called for the ‘reprivatization’ of some public sector banks and the dismantling of the department of financial services. Calling for a reduction of the government stake below 50%, the document …
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