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India Business News: Recent actions by the Reserve Bank of India (RBI) signal a larger dividend transfer to boost government finances. As the government's debt manager, th
The Reserve Bank of India is anticipated to declare the transfer of its surplus funds by late May.
Market sources said that Bajaj Housing Finance has raised Rs 4,500 crore through two issuances of non-convertible debentures – Rs 3,000 crore through a 3-year bond at an interest rate of 8.10% and Rs 1,500 crore through a 5-year bond at 8.05%.
Omicron seen slowing India’s policy normalisation path : Rashtra News The Reserve Bank of India will likely keep its key lending rate at a record low for a ninth straight meeting, with a new virus variant seen as the latest threat to the central bank’s efforts to return policy to normal. All 28 economists surveyed
Nifty gained 2% weekly but declined Friday due to US inflation concerns, geopolitics, FIIs selling. Markets closed May 1 for Maharashtra Day. Key factors to watch include US Fed FOMC, Q4FY2024 earnings, and technical factors. "Going ahead, FII activity remains a key factor to watch especially considering their already low holdings in the Indian market."