Monday, December 23, 2024

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RBI

Economy and Finance

RBI cuts repo rates for third time in a year; alters policy stand to ‘accommodative’

OpIndia Staff -
The RBI has delivered a rate cut of 25 bps, making it three consecutive rate cuts in a year
Economy and Finance

Rupee continues to strengthen on expectations that Modi is going to form the government again

OpIndia Staff -
The month of March has witnessed the most robust Rupee performance since 2nd January 2019.
Economy and Finance

On the expectation of PM Modi’s re-election in 2019, Rupee hits two-and-a-half-month high

OpIndia Staff -
The surging popularity of Modi could also be seen as three opinion polls envisioned a clear majority of the NDA in the upcoming general elections
Economy and Finance

RBI Policy: Repo rate cut by 25 bps, GDP projected at 7.4%, EMIs may come down

OpIndia Staff -
The RBI has also brought down the Repo rate by 0.25 basis points bringing it from 6.5% to 6.25%
Government and Policy

Interim Budget may go beyond conventional vote-on-account, indicates Finance Minister Arun Jaitley

OpIndia Staff -
Jaitley rubbished doubts that he is under pressure to present a populist budget after the recent election defeat in three states and ahead of general elections in April-May
Editor's picks

The Compulsive Contrarian and his Manufactured Logic: Arun Jaitley tears into Leftists and Congress

OpIndia Staff -
Arun Jaitley tears the Leftists and Congress a new one over Rafale, Judge Loya case, CBI and RBI manufactured controversies
Economy and Finance

S Gurumurthy sends legal notice to The Economist for defamatory article that called him a ‘fixer’ who ‘gets things done in Delhi’

OpIndia Staff -
The concerned article was published in the print issue of The Economist on 24 November.
Government and Policy

Government hints at stopping Rs 2000 note printing as of now, sufficient notes in circulation

OpIndia Staff -
The Rs 2000 note continues to be a legal banknote
Economy and Finance

Decline in gross NPA ratio of commercial banks, may decline further, says RBI in Financial Stability Report

OpIndia Staff -
RBI governor Shaktikanta Das has added that stress test results further indicate an improvement in NPA ratio but its current level remains still high for comfort.
Economy and Finance

Measures adopted by the Modi government paying off, the recovery against NPAs has doubled for public sector banks

OpIndia Staff -
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
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