The RBI governor's message in Kochi puts the focus on whether banks can turn formal credit channels, digital rails and policy support into timely finance for small businesses
The decline comes after forex reserves had already slipped in the previous week, RBI data showed
The medium-term outlook for the banking sector remains constructive, supported by healthy credit growth, stable asset quality and improving liquidity conditions, says Motilal Oswal.
Can foreign bond inflows strengthen the rupee and lower yields? Experts say yes, but only at the margin, with domestic and global factors playing a larger role
The concessional dollar-rupee swap window, available until January 2027, aims to encourage overseas borrowings by PSUs and banks while supporting foreign capital inflows
RBI's commentary on inflation 'opens the door for rate hikes in the next meeting' in August, according to Pranjul Bhandari, chief India economist at HSBC Holdings Plc
The local currency settled at 94.94 per dollar, the highest since May 8, against the previous close of 95.79 per dollar
The government and RBI have unveiled tax and policy measures to revive foreign investment, strengthen the balance of payments and support the rupee
RBI's policy hold and India's stronger-than-expected GDP growth anchored a week marked by firm PMIs, fuel-price risks, trade talks and fresh Cabinet approvals
FPIs bought over Rs 3,000 crore worth of FAR securities on Friday
Real estate developers and consultants said RBI's decision to keep rates unchanged will support housing demand, project execution and investor confidence despite rising cost pressures
Most importantly, the slew of reforms announced in today's meeting to support the rupee augurs well for the economy and markets while keeping the growth momentum sacrosanct
RBI has kept the repo rate unchanged at 5.25%, extending its pause on rate changes. What does this mean for your home loan EMI, borrowing costs, and monthly budget? Here's a quick breakdown of the MPC
Stable corporate borrowing costs allow companies, especially those in debt-heavy sectors like infrastructure and manufacturing, said Rajkumar Singhal
Jatin Gedia of Teji Mandi reckons that Indian Bank, Phoenix Mills and PFC have found support at their respective 200-DMAs and look ripe for further upside, according to technical charts.
The important question is whether or not there will there be an about turn in the flow of funds in the debt segment? This is something which will be tested in the coming months.
Looking ahead, investors will continue to track crude oil prices, inflation trends, monsoon developments, and geopolitical events, said Somil Mehta of Mirae Asset Sharekhan
The June monetary policy is a bold statement that addresses the present macro concerns even while striving to keep the resilient growth of the economy intact, says VK Vijayakumar
Bajaj Finance, Shriram Finance, Cholamandalam Investment, REC and Power Finance Corporation were up between 2.5 per cent 4 per cent in intra-day deals on Friday.
FIIs are subjected to a 12.5 per cent LTCG on listed shares and bonds held for over 12-months, and a 20 per cent withholding tax on interest from government bonds