Tag: RBI

2 MPC members differed on RBI stance

“While inflation is driven largely by supply-side factors and does not show any signs of overheating of the economy nor of generalisation, it is...

September retail inflation hits 21-month high of 5.54%

This resulted in 2QFY27 inflation at 4.9 per cent, in line with RBI’s forecast. Food inflation recorded a 21-month high growth of 7.74 per cent...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday voted unanimously to increase the policy repo rate under the liquidity adjustment facility (LAF) by...

RBI hikes repo rate by 25 basis points

The rate increase comes after a considerable hiatus. The last increase was done in February 2023. The repo rate is the interest rate at which the Reserve...

Anup Kumar Saha named Kotak Mahindra Bank MD

Saha will begin his three-year contract on 1 January, succeeding Ashok Vaswani, whose term as CEO ends on 31 December. Anup is currently Whole-time Director...

Anup Bagchi named HDFC Bank MD

Following the nod, the bank’s board approved the appointed of Anup Bagchi as Managing Director and Chief Executive Officer. Anup Bagchi is a seasoned financial...

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