Tag: Central Bank

ashima goyal: Higher inflation was tolerated to protect growth because of past shocks, says Ashima Goyal
Posted in Economy

ashima goyal: Higher inflation was tolerated to protect growth because of past shocks, says Ashima Goyal

The real repo rate, which is adjusted for inflation, should not exceed 1.5% in India, as an uncertain international environment and other risks pose hurdles…

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Posted in South Asia News

Sri Lanka: Sri Lanka lifts import limits on 286 items as crisis eases

COLOMBO: Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to…

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Retail inflation: Within the food basket, vegetable prices declined 6.5%, compared to a fall of 8.51% in the previous month. (PTI File Photo)
Posted in Business

Retail inflation at 18-month low of 4.7%

NEW DELHI: India’s retail inflation slid to an 18-month low of 4.7% in April, compared to 5.66% in March, official data on Friday showed, bringing…

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Capital Adequacy Ratio: RBI asks banks to remain prepared for shocks, have strong capital back up
Posted in Economy

Capital Adequacy Ratio: RBI asks banks to remain prepared for shocks, have strong capital back up

The Reserve Bank of India wants bank managements and their boards to be on their toes all the time even as they have strong capital…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

phonepe zestmoney debt: ETtech Exclusive: PhonePe may waive ZestMoney’s $18 mn debt after failed acquisition, pay $8 mn for commercial deal

After PhonePe pulled back from acquiring lending startup ZestMoney citing concerns raised during due diligence, the Walmart-owned digital payments major is looking to strike a…

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Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests
Posted in Finance

Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests

In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself, the Reserve Bank of India has declined to make exceptions…

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IMF's growth forecast for India may have errors, real numbers to come as a surprise: RBI
Posted in Economy

IMF’s growth forecast for India may have errors, real numbers to come as a surprise: RBI

The Reserve Bank of India (RBI) has said that the International Monetary Fund’s growth forecast for India might be off the mark. “Although too early…

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forex: India's forex reserves rise $1.65 billion to $586.41 billion
Posted in Economy

forex: India’s forex reserves rise $1.65 billion to $586.41 billion

India’s forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on…

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rbi bulletin: Substantial disinflation achieved, but road to be travelled stretches ahead till inflation is at 4 per cent: RBI Bulletin
Posted in Economy

rbi bulletin: Substantial disinflation achieved, but road to be travelled stretches ahead till inflation is at 4 per cent: RBI Bulletin

The Reserve Bank of India (RBI) on Friday published its monthly bulletin where it stated that the Monetary policy is at work and substantial disinflation…

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RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause
Posted in Economy

RBI RATE CUTS: RBI seen pivoting to rate cuts by year-end after a long pause

Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year — that’s the…

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