“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...
The Monetary Policy Committee (MPC) of RBI on Wednesday voted unanimously to increase the policy repo rate under the liquidity adjustment facility (LAF) by...
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...
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...
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...
