Page 774 - Finance News

From crude oil to impact of MSP hike: RBI lists 8 key risks to inflation

This is the second consecutive time the repo rate was hiked. In June, the repo rate was raised for the first time in over four years.

RBI rate hike a 'win-win' situation for markets, banks, says SBI report

The report has been authored by Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI

RBI increases repo rate by 25 bps to 6.5%; retains 'neutral' stance

The yields on the 10-year bond closed at 7.7%, lower than its previous close of 7.8%

RBI asks Paytm, Fino payments banks to stop enrolling new customers

Sources said the RBI wanted to check the eKYC process

Reserve Bank approves appointment of Sandeep Bakhshi as COO at ICICI Bank

CEO Chanda Kochhar will be on leave till completion of the external enquiry against her in the Videocon loan matter

ICICI directors' salary rose 12-15% in FY18, other employees get 10% jump

Kochhar is now under scrutiny on allegations of conflict of interest regarding loans extended to the Videocon group

RBI monetary policy: We may be on the verge of currency war, says Patel

Foreign currency reserves are down by $19 billion since the end of March

'Our focus in terms of policy choices is to get headline inflation to 4%'

RBI increased the repo rate by 25 bps to 6.50%

RBI monetary policy: Back-to-back hikes will hit sales, say realtors

Niranjan Hiranandani, chairman and managing director at Hiranandani Communities, said that the hike would negatively impact buyers' sentiment with the logical result on quantum of sales

RBI monetary policy: Hike as expected; next increase likely in 2019

July CPI print is likely to be below 4.5% and could even touch 4%, if food prices rise by 1% month-on-month, in line with previous month's trend

RBI monetary policy: Fema rules under review to ease scope of hedging

The proposed revisions would be issued for public comment by the end of September

RBI monetary policy: More autonomy for internal ombudsman

The RBI introduced the Banking Ombudsman Scheme in 1995

Rate hike: Is RBI expecting stronger inflationary pressures in near future?

Raising rates now avoids the risk of more aggressive tightening later

Citing MSP hike, RBI pegs retail inflation at 4.8% for second half of FY19

On MSP hike, RBI said there is a considerable uncertainty and the exact impact would depend on the nature and scale of the government's procurement operations

Private banks' Q1 review: Overall net profit declines; interest, income up

The private sector banks with the most asset quality trouble, ICICI Bank and Axis Bank, said that this quarter's slippages were the lowest since the past few years

State Bank of Mauritius plans to open six new branches in India under WOS

The bank expects to commence operations in September

RBI's monetary policy report today at 2:30; things to watch out for

The RBI -- which in June projected inflation of 4.7 percent in the second half -- has a mandate to keep it at the 4 percent midpoint of its target band in the medium term

RBI may raise interest rates to strike a balance between inflation & growth

RBI, in a close call, seen hiking rates for a second straight meeting

Bank of India Q1 net profit rises 8% to Rs 951 million, stock falls 8.75%

The bank said it was trying to sell non-core assets and in the second quarter would see better realisation of assets through sale to asset reconstruction companies

Indian lender HDFC Bank's US share sale to raise about $1.81 billion

HDFC Bank is an investor favourite at a time when India's banking sector has been plagued by a record $150 billion in non-performing loans