The yield on the 10 year benchmark government bond softened by 3 basis points during the day on the back of short covering, said dealers. It settled at 6.48%, against the previous close of 6.49%
Before the IPO, IDBI Bank owned 26 per cent and NSE owned 24 per cent. Following the listing, the shareholding of IDBI and NSE has decreased to 14.9 per cent each
Industry leaders say RBI's unchanged repo rate, coupled with past cuts and surplus liquidity, will aid affordable housing demand and sustain buyer sentiment despite global headwinds
Governor Sanjay Malhotra says front-loaded policy easing and stable inflation outlook will support credit growth, while tariffs and global shocks pose limited risks to India's economy
The RBI governor's post-policy conference also stated that uncertainty on tariff negotiations made any quantification on the growth impact difficult at this juncture
The benchmark yield rose by 8 basis points (bps) to settle at 6.41 per cent - its highest since April 11 this year - against the previous day's close of 6.33 per cent
The group was set up to the existing review of the Liquidity Management Framework which is in place since February 2020
The MPC also reduced its inflation projection for this financial year from 3.7 per cent to 3.1 per cent, which is significantly lower than the target of 4 per cent
The Reserve Bank of India’s Monetary Policy Committee today kept the repo rate unchanged at 5.5%, and maintained a neutral policy stance.
RBI MPC Meeting August 2025 highlights: Stay tuned here for live updates
Economic hit due to US tariff decisions likely to be accentuated
The RBI governor said that the government policies have helped boost the use of UPI among consumers. Malhotra added that UPI transactions have been increasing in the past few months
The RBI decision aligned with market expectations as market experts welcomed the move, calling it in line and a constructive backdrop for the markets
RBI Governor Sanjay Malhotra says global uncertainties were already factored in previous growth forecasts and that RBI will continue to monitor macro conditions before revising projections
Banks will be setting up camps at the Panchayat-level from July 1 to September 30, to provide re-KYC services at consumers' doorsteps
RBI MPC August meet: The monetary policy committee eased inflation projections for FY26 to 3.1%, down from 3.7%; GDP forecast remains unchanged
August MPC: RBI cuts FY26 inflation forecast to 3.1% on easing food prices, favourable monsoon; growth outlook steady at 6.5%, CRR cut to begin in September
RBI's Monetary Policy Committee meeting today kept interest rates unchanged, lowered FY26 inflation forecast to 3.1 per cent, and CRR cut to begin in September 2025
RBI Governor Sanjay Malhotra said a favourable monsoon, along with the supportive policy of the government and the central bank, augurs well for the economy
Nifty PSU Bank, Nifty Private Bank and Nifty Bank index have outperformed the market,down in the range of 0.09 per cent to 0.25 per cent.