Food inflation remains the biggest headache for the apex bank as it slows the process of disinflation. With a weight of around 46 per cent in the CPI basket, the food inflation contributed to more than 75 per cent of the headline inflation in May and June
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Underscoring the imperative of fostering a future-ready ethos within the financial sector, Das also stressed the critical role of timely supervisory intervention in mitigating systemic risks.
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India's forex reserve is at a record high, and this gives confidence to international investors for investing in the Indian economy, he says
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Experts also say that the bond yields will remain range bound with a slight easing bias for now
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The decision comes amidst a backdrop of economic uncertainties both domestically and globally
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The Deputy Governor of RBI Swaminathan Janakiraman says that the ARCs are becoming a warehouse of the stressed assets while the original lenders continue to handle collection
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