Tag: Reserve Bank of Indi

RBI Governor Sanjay Malhotra, while announcing the repo rate, also said that the economic growth continues to be supported by resilient demand. (Reuters)
Posted in Business

RBI keeps policy repo rate unchanged at 5.25%, maintains neutral stance

The Reserve Bank of India on Wednesday announced that it would keep the policy repo rate unchanged at 5.25%, with the Monetary Policy Committee unanimously…

Continue Reading
IndusInd reported its largest-ever quarterly loss in the three months ended March 31. (Mint)
Posted in Business

HDFC Bank gets RBI approval to acquire up to 9.5% stake in IndusInd Bank| Business News

The Reserve Bank of India has allowed HDFC Bank Ltd. to acquire up to 9.50% stake in IndusInd Bank Ltd., in the aftermath of a…

Continue Reading