Tag: Reserve Bank of India
RBI’s Rs 2.5 lakh crore liquidity infusion raises questions over tightening policy signal: SBI Report
New Delhi: The Reserve Bank of India‘s decision to inject Rs 2.5 lakh crore into the banking system through repo auctions has raised questions over…
India’s forex reserves fall $5 billion to $721.02 billion as of October 16
India’s foreign exchange reserves declined by $5 billion to $721.02 billion in the week ended October 16, according to data released by the Reserve Bank…
India’s interest rate gap with G7 in focus as RBI weighs inflation risks: Report
New Delhi: India’s interest rate gap with major developed economies has emerged as an important consideration for monetary policy as the Reserve Bank of India…
RBI injects Rs 1 lakh crore as liquidity tightens before festive season
Mumbai: For weeks, India’s central bank had its task-list full, draining excess liquidity after an overwhelming diaspora response to forex-inflow programs. Now, as the festive…
India’s current account deficit narrows to $5.2 billion in August as capital account surplus hits $50.6 billion
Kolkata: India’s current account deficit narrowed to 5.2 billion in August from $6.1 billion a year back while the country recorded a $50.6 billion surplus…
Rupee strengthens to 95.05 a dollar while forward premiums hit four-year high amid RBI measures
The rupee ended 10 paise stronger at 95.05 a dollar Thursday while forward premiums surged to over four year high in a shallow market. The…
Ultra-short-term borrowing costs spike; premium over policy rate hits 4-year high
MUMBAI: The government’s ultra-short-term borrowing costs jumped at a treasury bill auction on Wednesday, with the premium over the benchmark policy rate rising to a…
With retail inflation at 5.5%, RBI’s stance vindicated
“It is clear that inflation and its outlook are not benign as they were last year…,” RBI governor Sanjay Malhotra said in a statement after…
Eye on the price: Retail inflation at 5.54% in September, most on new base
New Delhi: India’s retail inflation climbed to 5.54% year-on-year in September, the highest for the gauge since January, raising the probability of further increase in…
Inflation could hit 7%, forcing RBI to hike rates by 150 bps further: Report
New Delhi: India’s inflation risks are significantly higher than the Reserve Bank of India (RBI) currently acknowledges, with price pressures likely to push inflation to…