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3 key reasons why RBI will not cut rates this year: Elara Capital

Firming commodity prices, rising US dollar, and geopolitical tensions may delay RBI rate cuts. Elara Capital expects no rate cut until Q4FY25 due to global factors and sticky food inflation in India. ....

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Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan

Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan : Rashtra News #Hiking #interest #rates #tame #inflation #antinational #RBI #chief #Raghuram #Rajan Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians ....

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Bank of Baroda raises lending rate by 5 bps starting today. Details here

With the new rates coming into effect, overnight MCLR is 8.10 percent against 8.05 percent earlier. The 3-month MCLR is now 8.45 percent against 8.40 percent earlier. The six-month MCLR is 8.65 per cent against 8.60 percent earlie ....

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India's Foreign Exchange Reserves Hit All Time Record High Of $645.58 billion

Foreign exchange reserves also include India s reserve tranche position in the International Monetary Fund. Apart from India s strong growth and inflows into equity and debt markets, the RBI has been absorbing inflows to build reserves. ....

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repo rate: RBI MPC keeps repo rate unchanged at 6.5 per cent for the 7th time in a row

The RBI-led MPC kept the repo rate steady at 6.5 per cent for the seventh time, confirmed RBI governor Shaktikanta Das. The committee also maintained its withdrawal of accommodation stance while concentrating on liquidity management to control inflation. ....

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