RBI Monetary Policy: With the Union Budget for FY-2026 behind us, the focus now shifts to the next big event on the horizon - the Monetary Policy Committee's (MPC) final meeting for FY-2025 on Feb 7
The government aims to conduct a switch target of 2.50 trillion rupees in the next financial year, but there is no specific amount earmarked for buybacks
At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets
From nuclear power generation to agri reforms, from a noisy middle class to central bank's moves on interest rates, the government must jump over many obstacles to achieve its objectives
RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for. Investors will closely study the fine prints of the Budget policies and market focus will shift back to the corporate earnings/outlook and RBI's interest rate decision to be announced on Friday," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. From the earnings calendar, Asian Paints, PC Jeweller, Tata Power, Titan, Apollo Tyres, Bharti Airtel, ITC,F, SBI, LIC, M&M and NHPC would announce their earnings this week. Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said, "Will the RBI soften its stance ...
Move to ease liquidity concerns; set to begin with Rs 50,000 crore
HDFC Bank, SBI, ICICI Bank share price target: Macquarie raises share target price of HDFC Bank, ICICI Bank, SBI, cut IndusInd Bank share price target
The best of Business Standard's opinion pieces for today, curated for you
Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24. Employee attrition rates are high across select private sector banks and small finance banks (SFBs), the report, which was released by the Reserve Bank of India (RBI) said. The total number of employees of private banks surpassed that of public sector banks (PSBs) during 2023-24, but their attrition has increased sharply over the last three years, with average attrition rate of around 25 per cent, it said. "High attrition and employee turnover rate pose significant operational risks, including disruption in customer services, besides leading to loss of institutional knowledge and increased recruitment costs. In various interactions with banks, the Reserve Bank has stressed that reducing attrition is not just a human resource function but a strategic .
While there is speculation about what Malhotra's first move will be amid slowing growth and elevated inflation, let's take a look at the rate actions of the previous four RBI governors
Markets Highlights: Broader markets outperformed the benchmarks indices on Friday after the RBI left key rates unchanged and announced a 50 bps cut in CRR, while lowering its GDP forecast
RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here
RBI Monetary Policy Committee answers queries on growth forecasts, liquidity, cash demand, and CRR adjustment
RBI maintains the status quo on repo rate but cuts CRR by 50 bps what does it mean for the markets? Experts decode
RBI governor Shaktikanta Das said that the CRR reduction will release Rs 1.16 trillion into the banking system, providing additional liquidity and enable banks to extend more loans
"A steady rate ensures consistent repayment terms, which increases the confidence of homebuyers," said Manju Yagnik, vice chairperson of Nahar Group and senior vice president of NAREDCO Maharashtra
Interest rates likely to stay the same for now, but lenders may still adjust terms based on their considerations
The RBI Governor Shaktikanta Das in his MPC announcement said that factors like frequent weather disruptions, geopolitical tensions, and financial market volatility pose significant risks to inflation