-
RBI chalks out plan to suck out surplus liquidity
The potential liquidity overhang amounts to more than Rs 13 lakh crore
-
Now you can transfer Rs 5 lakh at one go through IMPS
Since 2014, the per-day transaction limit for IMPS was capped at Rs 2 lakh. But now the central bank has increased the limit to Rs 5 lakh.
-
RBI’s monetary policy review meet this week, will it start absorbing surplus liquidity?
Even while keeping interest rates low, it may have a re-look at liquidity level in the system
-
Experts predict RBI may maintain accommodative stance on key policy rate next week
The RBI is expected to keep rates on hold and maintain its accommodative approach, according to a Morgan Stanley recent study.
-
Policy normalization could be signalled by October 8
Standard Chartered also expects a firmer signal, which could be the need of the hour if another surge in infections is completely ruled out
-
Forex reserves set to top $655 billion by March 2022: Report
From an elevated $74.2 billion in end-March, the forward dollar holdings were down to $49 billion by end-June
-
Small saving schemes remain good options post-RBI policy
At a time when most fixed income instruments are offering negative real returns, small saving schemes are offering positive real returns
-
Rupee likely to test 76.50 level this year
The rupee has mostly been weak against the US dollar in recent months.
-
India’s manufacturing sector witnesses strong growth rates in July
The Purchasing Managers’ Index (PMI) by IHS Markit India Manufacturing has witnessed a rise from 48.1 in June to 55.3 in July.
-
RBI in a bind amid weak growth, surging inflation: Report
RBI may hike the repo rate only by Q1 of next fiscal and continue to maintain the accommodative stance in the interim, says Barclays' Rahul Bajoria
