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Stumped by Reserve Bank of India's decision on repo rate, experts react The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) certainly bowled a googly at the experts who had predicted a 25 basis points repo rate hike. Interestingly, RBI Governor Shaktikanta Das on Thursday announced that the MPC has decided to hold the repo rate at 6.5 per cent. Consequently, the standing deposit facility (SDF) rate will remain unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The MPC also decide...
Stumped by Reserve Bank of India's decision on repo rate, experts react
Stumped by Reserve Bank of India's decision on repo rate, experts react
Source: IANS
6/04/2023 2:53:25 PM
RBI`s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may hike the repo rate between 25-35 basis points (bps) in its upcoming meeting, said experts. "We expect a 35 bps rate hike in the upcoming meeting. The Consumer Price Index (CPI) inflation is likely to moderate further in the coming months and slip below six per cent by the end of the fiscal year," Rajani Sinha, Chief Economist, CARE Ratings told IANS. She also said the Wholesale Price Index (WPI) has also...
RBI`s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts
RBI`s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts
Source: IANS
1/12/2022 2:16:26 PM
Kotak Life estimates Q1 loss of Rs 225-275 cr  Kotak Mahindra Life Insurance Company expects to incur a loss in the range of Rs 225 crore to Rs 275 crore on the shareholders account in the April-June quarter. In a communication to the Kotak Mahindra Bank, the life insurer noted that the second wave of Covid-19 has led to an unprecedented increase in fatalities in the country and consequently, the death claims being reported to the company from May 2021. The company is a wholly-owned subsidiary of Kotak Mahindra Bank. In vie...
Kotak Life estimates Q1 loss of Rs 225-275 cr
Kotak Life estimates Q1 loss of Rs 225-275 cr
Source: IANS
17/06/2021 1:44:01 PM
Views on RBI Monetary Policy June 2021 by Churchil Bhatt, Kotak Mahindra Life Insurance Company Below are Views on RBI Monetary Policy June 2021 by Churchil Bhatt, EVP & Debt Fund Manager, Kotak Mahindra Life Insurance Company “The Monetary Policy Committee (MPC) has left the benchmark rates unchanged in its June 21 policy meeting, thereby prolonging its much needed support to the real economy. It has also decided to continue with its accommodative policy stance as long as necessary to revive growth on a durable basis. In light of the Covid 19 second wav...
Views on RBI Monetary Policy June 2021 by Churchil Bhatt, Kotak Mahindra Life Insurance Company
Views on RBI Monetary Policy June 2021 by Churchil Bhatt, Kotak Mahindra Life Insurance Company
Source: Kotak Mahindra Life Insurance Company
4/06/2021 1:26:41 PM
Pre-Monetary Policy View by Churchil Bhatt, Kotak Mahindra Life Insurance Below are Views on Pre-Monetary Policy View by Churchil Bhatt, EVP & Debt Fund Manager, Kotak Mahindra Life Insurance Co. Ltd. “In the aftermath of Covid 19 second wave and the ensuing lock-downs, Indian economy once again finds itself in muddy waters. Key Developed Economies on the other hand are witnessing a stimulus driven, vaccination led rebound. While financial markets continue to remain upbeat about the local growth prospects, the strength and durabilit...
Pre-Monetary Policy View by Churchil Bhatt, Kotak Mahindra Life Insurance
Pre-Monetary Policy View by Churchil Bhatt, Kotak Mahindra Life Insurance
Source: PR Agency
28/05/2021 12:32:57 PM
RBI Monetary Policy By by Churchil Bhatt, Kotak Mahindra Life Insurance Company Below are Views On RBI Monetary Policy By by Churchil Bhatt, EVP & Debt Fund Manager, Kotak Mahindra Life Insurance Company “During the course of the pandemic, it was RBI who did the heavy lifting in order to support growth. However, with Budget FY22, RBI has successfully handed over the growth baton to the government. In that backdrop, MPC delivered a no-change policy, with MPC’s stance remaining accommodative. The move towards gradual and non-disruptive normaliz...
RBI Monetary Policy By by Churchil Bhatt, Kotak Mahindra Life Insurance Company
RBI Monetary Policy By by Churchil Bhatt, Kotak Mahindra Life Insurance Company
Source: Kotak Mahindra Life Insurance Company Ltd
5/02/2021 4:03:33 PM