Chennai : (IANS) India’s central bank, the RBI on Wednesday said that the restrictions placed on the purchase of Kotak Mahindra Bank Ltd’s shares are withdrawn immediately. The Reserve Bank of India (RBI), in a statement, said the aggregate share ...
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Feed SubscriptionIndia’s central bank keeps key lending rates on hold
Mumbai:(IANS) Ahead of the federal budget for the next fiscal, India’s central bank on Tuesday kept its key lending rates unchanged in line with stake-holders’ expectations. The Reserve Bank of India (RBI) kept the repo and reverse repo rates unchanged ...
Read More »RBI likely to hold rates in Tuesday’s policy review
Mumbai:(IANS) With the RBI’s last monetary policy review of this fiscal coming up on Tuesday, analysts expect the central bank to keep interest rates unchanged, citing inflation trending upwards, current nstability in markets and insufficient transmission as basis for their ...
Read More »Expect rate cut, don’t bet on BJP Bihar win: Shankar Sharma
By Vatsal Srivastava Indian equities have been hammered over the last couple of months amidst global volatility arising out of the confusion around the US Fed hike, China recession fears as well as disappointment over domestic economic data. Vatsal Srivastava ...
Read More »Ignore the bears: It’s a great time to ‘Buy in India’
By Vatsal Srivastava At 9,120, nobody could have called the top on the Nifty after a surprise rate cut by the RBI. Upside momentum was too strong and global equities were also trading near or at record highs. Similarly, after ...
Read More »India can decouple provided we get a ‘Rajan put’
By Vatsal Srivastava It’s like 2008 again. But during such times, it is important to remember that there was a March 2009. Looking at the price action yesterday (Aug 24) , particularly during the US session, where the Dow tumbled ...
Read More »Bandhan Bank begins operation with Rs.2,570 crore capital base
Kolkata:(IANS) City-headquartered Bandhan Bank on Sunday became the first universal private bank in eastern India to begin its journey post independence with 1.43 crore accounts in place and a loan book of Rs.10,500 crore backed by capital of Rs.2,570 crore. ...
Read More »Lending rate status-quo hurts sentiments
By Rohit Vaid Mumbai:(IANS) The Indian equity markets made marginal gains during the weekly trade ended August 7, as investor sentiments were subdued on account of the central bank’s decision to keep key lending rates intact. The barometer 30-scrip sensitive ...
Read More »Hopes of rate cut, more rainy days to support equity markets
By Rohit Vaid Mumbai(IANS) A positive bias is expected to rule the Indian equity markets in the coming week, with investors hoping for a rate cut by the apex bank, passage of key bills in parliament and more rainy days ...
Read More »Hopes of rate cut, cheaper oil cheer markets; Sensex up 256 points
Mumbai:(IANS) Hopes of a rate cut and expectations of importing cheaper oil from Iran after it signed a nuclear deal with the world powers cheered the Indian equity markets on Wednesday, with the 30-scrip sensitive index (Sensex) of the S&P ...
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