Tag: idfc first bank
RBI Inflation FY2026-27: Malhotra & Co trim FY27 inflation forecast to 5% as easing crude prices offer relief
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday lowered its inflation forecast for FY27 to 5% from 5.1% projected in its June…
RBI special windows seen big enough to bring in $100B
Mumbai: India’s latest suite of dedicated forex-inflow programmes could net about $100 billion, nearly three times the proceeds from the last such exercise during the…
RBI likely to hold rates in August, maintain hawkish tone as inflation risks loom: Economists
Mumbai: The Reserve Bank of India (RBI) is expected to keep the benchmark repo rate unchanged in its August monetary policy review on elevated inflation…
India’s factory output grows 7.3% in June, fastest pace in nearly two years
New Delhi: India’s industrial output grew at its fastest pace in nearly two years in June, driven by a sharp pick-up in manufacturing and electricity…
RBI likely used dollar deposit surge to cut record FX forward book, economists say
MUMBAI: The Reserve Bank of India has likely used part of the initial inflows from its foreign-currency deposit drive to unwind a portion of its…
Plan afoot to create index for unincorporated enterprises
New Delhi: The government is planning to create an index to monitor the performance of businesses that are not registered as companies, as part of…
PSBs told to tighten scrutiny of government accounts amid fraud concerns
New Delhi: The finance ministry has asked public sector banks to enforce tighter safeguards for curbing fraud incidents involving government accounts. It further directed banks…
RBI likely to keep status quo on policy rate as threats loom
Mumbai: The Reserve Bank of India is likely to leave the policy rate unchanged at its June meeting, according to a majority of economists in…
RBI greenlights record surplus transfer of Rs 2.86 lakh crore
Mumbai: The Reserve Bank of India (RBI) central board approved a record surplus transfer of Rs 2.86 lakh crore to the government for FY26, up…
RBI likely to pay a big dividend to Centre
MUMBAI: The board of the Reserve Bank of India (RBI) will meet on May 22 to consider a record surplus transfer to the government for…