Let us see the meaning of repo rate, reverse repo and bank rate. The Reserve Bank of India serves as a lender of last resort to commercial banks, offering short-term loans during fund shortages. It also helps to maintain liquidity. The repo rate is the interest rate charged by the central bank when lending short-term […]Read More
Here are the things you should keep in mind before investing in the LIC IPO. It will be the first time that the insurance giant Life Insurance Corporation (LIC) of India has gone public. LIC IPO opened today on 4th May 2022. The Government of India has set the LIC IPO price range at 902 […]Read More
The twin moves, which shocked markets, will have implications for fixed income products On a day the LIC IPO opened to collect a record Rs 21,000 crore for the government, the central bank’s monetary policy committee (MPC) threw a surprise and raised the key lending rate by 40 basis points citing persistent inflationary pressures. This […]Read More
When China’s second-largest property developer is struggling with $300 billion in debt, it can snowball into a crisis
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The central bank has also projected real GDP growth of 9.5 per cent for this financial year, which is lower compared to the earlier estimate of 10.5 per centRead More
The central bank kept key interest rates unchanged, as widely expected, to support the economy against the backdrop of a second surge in COVID-19 casesRead More
In its recently released report, the RBIʹs Internal Working Group (IWG) has proposed several recommendations to harmonise the ownership guidelines, regulatory landscape, and corporate microstructure of Indian private banks. Read More
The RBI has kept the repo rate unchanged at 4% while maintaining its accommodative policy stance. The Monetary Policy Committee (MPC) of the RBI voted unanimously in favour of keeping the policy repo rate unchanged for the second consecutive time.Read More
