Industry leaders have expressed optimism for the economic growth, Anish Shah, President of the Federation of Indian Chambers of Commerce and Industry (FICCI) praised the RBI's revised outlook.
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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 RBI will continue managing liquidity through various operations to support market conditions, particularly in response to passive inflows from index inclusions
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Cybercrime is projected to cost the world around USD 17.65 trillion annually by 2025, with factors like anonymity and trans-border syndicates contributing to it
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In 2023-24, a bumper Rs 2.11 trillion dividend was transferred by the Reserve Bank of India (RBI) to the government
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The projection is cited to enhance activities in real estate, renewable energy, and semiconductors among other sectors.
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This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release
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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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Last month, the heads of four European banks met with top RBI officials.
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