by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra,Governor,Reserve Bank of India The Monetary Policy Committee (MPC), which consists of three RBI and three external members, favoured a rate cut to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in...
by AIP Online Bureau | Feb 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The potential rate cut is coming after the domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings — after raising it by 250 bps between May 2022 and February 2023 New Delhi: The Reserve Bank of India (RBI), in...
by AIP Online Bureau | Feb 4, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“The fiscal policy and the monetary policy need to work in tandem, not at cross purposes
Because a lot more benefit will come also with monetary easing, if we are able to maintain inflation control.The Budget has projected a 4.4 per cent fiscal deficit in...
by AIP Online Bureau | Jan 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation, Risk Management, Technology
Sanjay Malhotra,Governor,RBI While dwelling upon IT risk management and cyber security, the governor urged banks to have enhanced oversight over third-party service providers for mitigation of the risks emanating from them, RBI said in a release Mumbai: Flagging the...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Policy
India’s economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data . New Delhi: The Indian economy is estimated to grow at 6.4...
