Reserve Bank of India (RBI) staff think a “low inflation regime” is not far away for the Indian economythere is a rising probability since the second half of 2022-23 that the Indian economy is transiting away from the high regime,” a paper by RBI staff, released on April 21 as part of the central bank’s […]
SBI, ICICI Lombard, NTPC, Bank of India, Tata Coffee
State Bank of India: Public sector lender State Bank of India (SBI) in its Executive Committee of the Central Board on Tuesday approved to examine the status and decide on long-term fund-raising in single or multiple trenches up to US $2 Billion. SBI said that the fundraising of up to $2 billion would be done […]
Time to rejig your fixed deposit (FD) investment
The Reserve Bank of India (RBI) has decided to halt interest rate hikes, signaling that the interest rate cycle may have reached its peak. The recent announcement by RBI Governor Shaktikanta Das did not go well with fixed deposit (FD) investors, who were eyeing further rate hike by the banks. Investors in term deposits are […]