Tag: union bank of india
India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters poll
BENGALURU: India’s consumer inflation likely rose to a 20-month high in August, driven by higher food and fuel prices, marking a third straight month above…
RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI Report
New Delhi: The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system’s…
RBI may raise repo rate to 5.75-6% in H2 FY27, rate hike cycle likely from December: UBI
The Reserve Bank of India (RBI) could raise the repo rate to 5.75-6 per cent in the second half of FY27 to contain excess banking…
Weak September rains could push FY27 inflation to 5.5% or higher: Report
New Delhi: India’s inflation outlook will hinge critically on rainfall in September, with a further shortfall in the final month of the southwest monsoon potentially…
Indian July consumer inflation likely edged higher on food prices: Reuters poll
Indian consumer inflation likely rose in July, notching a second consecutive month above the RBI’s 4% medium-term target, as food prices edged higher, a Reuters…
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economists
Bengaluru: The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in August and for the rest of the year, according…
100 days of Iran war: India must brace for broad-based economic shock
When the possibility of a US-Iran deal became clear in the past weeks as negotiations gathered pace, the talk was that even if Hormuz opened,…
India inflation likely rose to 4% in May as food, fuel costs climb
India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…
Money market-volumes jump to record as bank lending booms
India’s money-market turnover jumped to a record as state-owned lenders stepped up borrowing to fund booming credit demand. The value of trades in the so-called…
Hormuz disruption, $100 oil pose risks to India’s inflation, rupee: Union Bank
The ongoing West Asia conflict and disruptions in the Strait of Hormuz are emerging as a major risk for the Indian economy, with elevated crude…