Tag Archives: Reserve Bank of India

NEW DELHI: Foreign portfolio investors injected Rs 3,346.94 crore into Indian equity markets during the week, driven by optimistic sentiment following the Reserve Bank of India‘s (RBI) interest rate reduction, as reported by National Securities Depository Limited (NSDL) data.The RBI’s rate reduction bolstered investor confidence, resulting in substantial FPI inflows during the initial three trading sessions from June 9 to …

Representative image (Picture credit: ANI) NEW DELHI: Retail inflation plummeted to a 75-month low in May as food prices eased sharply. It is expected to moderate further in June, which may prompt the Reserve Bank of India (RBI) to hit a pause in its rate-cutting cycle after undertaking a “jumbo” cut earlier this month to support growth in the face …

Private sector lender HDFC Bank has reduced its benchmark lending rates following the Reserve Bank of India’s (RBI) unexpected decision on Friday to cut the repo rate by 50 basis points in a bid to revive the slowing economy.The bank revised its marginal cost of funds-based lending rates (MCLR) downward by 10 basis points across all loan tenures. According to …

India’s foreign exchange reserves slipped by $1.24 billion to $691.49 billion in the week ending May 30, according to data released by the Reserve Bank of India on Friday. Despite the decline, the central bank said the reserve buffer remains robust. “At $691.5 billion, the reserves are sufficient to cover 11 months of imports and about 96 per cent of …

Swiss brokerage UBS has revised its forecast for India’s FY26 GDP growth to 6.4% from the earlier 6%, citing resilient economic momentum despite ongoing global trade tensions.This revision comes after official data last week showed India’s economy grew by 7.4% in the March quarter, pulling the full-year 2024-25 GDP growth down to 6.5%, compared with 9.2% in FY24.UBS attributed the …

India’s real GDP growth is projected to slow to 6.2 per cent in FY26, down from 6.5 per cent in FY25, according to a report released on Monday by Japanese brokerage firm Nomura.Nomura’s research report, quoted by PTI, highlighted a growing “divergence” between Goods and Services Tax (GST) collection growth and other high-frequency indicators such as auto sales and bank …

NEW DELHI: The Reserve Bank of India‘s upcoming interest rate decision, along with key macroeconomic data releases and global market cues, will play a pivotal role in determining equity market movements this week, according to market analysts.Marking the opening for June, market sentiment will also be shaped by trading patterns of Foreign Institutional Investors (FIIs) and developments on the tariff …

NEW DELHI: The Reserve Bank of India (RBI) is likely to announce a third consecutive 25 basis points (bps) rate cut on June 6, amid easing inflation and global economic uncertainty driven by US tariff actions. With consumer price inflation remaining below the 4 per cent median target, experts believe the move would support growth during a period of external …

NEW DELHI: Bank branches in metropolitan areas have seen their share in overall credit decline to 58.7 per cent as of March 2025, down from 63.5 per cent five years ago, according to the Reserve Bank of India’s (RBI) latest report.The central bank attributed this shift to faster credit growth in non-metro regions. “With higher credit growth in rural, semi-urban …

NEW DELHI: The Indian bond market is gaining momentum due to lower inflation and expectations that the Reserve Bank of India will cut interest rates, according to a report by Jefferies.The report indicates favourable conditions for domestic bonds, particularly appealing to long-term investors amid evolving global financial conditions. India’s consumer price inflation has shown a consistent downward trend. The previous …