Tag: hdfc bank
RBI raises repo rate to 5.5% in first hike under Governor Sanjay Malhotra, shifts stance to ‘calibrated tightening’
Mumbai: The Reserve Bank of India (RBI) on Wednesday expectedly raised its benchmark repo rate to 5.5% in the first such increase since February 2023,…
RBI may hike interest rate further in December policy: Experts
New Delhi: With the RBI changing its monetary policy stance from ‘neutral’ to ‘calibrated tightening ‘, experts on Wednesday said that the central bank would…
Anup Bagchi choice for HDFC Bank CEO signals regulatory slant for fresh blood
ICICI Bank veteran Anup Bagchi’s appointment as the managing director and chief executive officer of HDFC Bank is the latest instance of the regulator approving…
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say
The US Federal Reserve’s return to interest rate hikes is turning up the pressure on India, pushing the rupee past 96 against the dollar and…
Retail inflation in August rises to 4.8%, wholesale print up 9.9%
New Delhi: India’s price pressures intensified in August, with retail inflation accelerating to 4.8%, its highest level since the introduction of the revised Consumer Price…
HDFC Bank submits two names as RBI set to appoint new CEO
HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…
India’s balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC Bank
New Delhi [India], September 4 (ANI): India’s balance of payments (BoP) is expected to post a surplus of USD 60-65 billion in FY27 despite a…
Simple Energy targets 20% of EV market, plans 10,000-12,000 monthly output
Electric two-wheeler maker Simple Energy is targeting 20% market share within the next two years as it makes an aggressive push into the mass market…
India rides out West Asia storm as GDP grows 7.8% in April-June quarter
New Delhi: India’s economy grew a better-than-expected 7.8% in the June quarter from a year earlier, belying concerns that severe headwinds, including the war in…
India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shock
India’s gross domestic product (GDP) quickened to 7.8% in the first quarter of FY27, up from revised 6.9% in the same quarter last year, as…