India's economy is predicted to overtake that of the US by 2048, said Patra
The views expressed in the paper are those of the authors and not necessarily those of the institution to which they belong
No phone calls to borrowers before 8 am and after 7 pm; 'no intrusion of privacy'
Lower US CPI a relief, but rupee still seen testing 80/$1 on elevated CAD
The Reserve Bank of India has raised the repo rate by 140 basis points to 5.40 per cent since May to tackle high inflation
S Marathe, S Gurumurthy, R Iyer, and S Chaturvedi re-nominated to RBI central board
Data released late Wednesday showed that US CPI inflation increased by a lesser-than-expected 8.5% in July as against a rise of 9.1% in June
More than 99% of depositors of Pune-based lender to receive the full amount, says regulator
While SBI may opt for Rs 4,000-crore tier-II bond sale, Bank of Baroda looks to issue AT-1 bonds worth Rs 3,000-4000 crore in tranches
The domestic currency closed at 79.65 per US dollar against 79.25 per dollar at previous close
Households' 3-month, one-year inflation expectations fell 50 bps, 60 bps
The Federal Reserve has already raised interest rates by 225 basis points since March 2020
RBI's Monetary Policy Committee raised the repo rate to 5.40 per cent from 4.90 per cent, taking the benchmark policy rate to a three-year high
Decision comes after requests from foreign players; scope of existing licence was restrictive, say primary dealers
At its current level, the repo rate is at its highest since August 2019
A rise of one basis point in the 10-year bond yield corresponds to a fall of roughly 7 paise in price
Committee retains FY23 CPI forecast at 6.7%, flags uncertainty on inflation trajectory
Drop in bond yields reflects hope of smaller hikes
Record high trade deficit, technical factors add to woes
Last month, SBI's board had provided approval for raising up to Rs 11,000 crore via additional tier-I and tier-II bonds to meet regulatory requirements and support business growth