Tag: canara bank
Posted in Economy
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
Posted in Economy
Inflation makes case for rate cut, but growth indicators are benign
Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…
Posted in Economy
RBI likely to hold rates at 5.50% on October 1 and through 2025: Reuters poll
The Reserve Bank of India will keep its key interest rate at 5.50% on October 1 and for the rest of the year, according to…
Posted in Economy
IL&FS resolution at end of the tunnel for Chenani-Nashri
Creditors led by State Bank of India (SBI) are set to receive more than Rs 5,500 crore this month as one of the largest IL&FS…
Posted in Economy
Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs
Mumbai: Central banks have slowed their gold purchasing, reflecting a cautious approach as they navigate geopolitical uncertainties and elevated bullion prices. However, the long-term trend…