Gold Silver Reports (GSR) – RBI delaying year-end bonuses to the heads of top private banks — HDFC, ICICI and Axis Bank — Chief executive officers at HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. —the nation’s largest private lenders by assets — are among bankers yet to receive bonuses for the financial year ended 31 March 2017, as the Reserve Bank of India hasn’t signed off on the proposed payments, the people said, asking not to be identified as the information is private. They declined to give further details. Business Standard newspaper had previously reported the delays.
monetary policy
India RBI Key Points of the Monetary Policy Statement
Gold Silver Reports (GSR) – India RBI Key Points of the Monetary Policy Statement — Reserve Bank of India Governor Urjit Patel and his monetary policy committee lowered inflation projections on Thursday, raising expectations that interest rates will be on hold for sometime to come. That may boost flagging investments and demand, both of which were hit by a cash ban imposed in late 2016 and the chaotic implementation of a consumption tax last year.
Consumer Confidence Fell In March After December Uptick: RBI Survey
Gold Silver Reports (GSR) – Consumer confidence weakened in the March-ended quarter mainly due to mounting concerns over the country’s economic progress and employment growth.
Monetary Policy: RBI KEEPS REPO RATE UNCHANGED AT 6% AS EXPECTED
Monetary Policy: RBI KEEPS REPO RATE UNCHANGED AT 6% AS EXPECTED Banking Shares Extend Gains As RBI Keeps Rate Unchanged Gauge of banking shares on the National Stock Exchange — Nifty Bank index was trading near day’s highest level after the Reserve Bank of India kept policy rates unchanged and …
Indian Bonds are Likely to Consolidate After Posting Strong Gains
Gold Silver Reports (GSR) – Indian bonds are likely to consolidate after posting strong gains on Tuesday. Bonds rallied after the central bank allowed lenders to spread their bond-trading losses, incurred in the past six months, over four quarters.
How do You Tell the Bulls from the Bears
Gold Silver Reports – IDENTIFYING IT RIGHT There are some key drivers for a bull bear market. Sometimes, the order may change.
Full Text of RBI’s Monetary Policy Minutes
Gold Silver Reports – Full Text of RBI Monetary Policy Minutes -Worry that rising consumer prices will threaten the Indian central bank’s inflation target of 4% led the majority of the Reserve Bank of India’s monetary policy committee to vote to keep rates steady, according to minutes issued on Wednesday. Here is the full text of the bi-monthly monetary policy statement of RBI’s Monetary Policy Committee.
RBI Monetary Policy Today: Four Things to Watch out For
Gold Silver Reports – RBI Monetary Policy Today: Four Things to Watch out For – The Reserve Bank of India’s (RBI) monetary policy committee (MPC) is scheduled to announce its policy decision at 2:30pm on Wednesday. Given the rising risk of inflation overshooting the central bank’s target, the market is expecting status quo on policy rates.
ECB Monetary Policy Update — 28 April 2017
ECB drops zero hints on exiting the quantitative easing program
In the recent policy meeting dated 27th April 2017, the European Central Bank left its ultra-easy policy stance in place. The key interest rates were kept unchanged at “0 percent” and the monthly asset purchases were to be done at €60 billion till the end of December’17 or beyond until the ECB achieves it’s 2 percent inflation target.