Two major Indian banks, Indian Bank and Punjab National Bank (PNB), have announced reductions in their lending rates following the Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points, signalling a shift in monetary policy to ease borrowing costs. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now […]
What is Term Deposit? How much one should invest – CNBC TV18
A term deposit is an investment offering a fixed interest rate for a set amount of time, which could be a few weeks or several years. Depending on the kind of term deposit one selects, they will either receive interest payments regularly or at the end of the investment term. Index Fund Corner Sponsored Scheme […]
Why RBI’s latest liquidity boost is a big win for homebuyers – CNBC TV18
The Reserve Bank of India (RBI) has ramped up its efforts to address liquidity concerns, announcing that it will double the size of its open market operation (OMO) purchases to ₹40,000 crore for February 13—an increase from the previously announced ₹20,000 crore. This move follows the RBI’s decision to cut the repo rate by 25 […]
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for muted open; RBI MPC decision today
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,603.35, while Sensex ended at 78,058.16. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,674 points below its record high of 26,277.35. Overnight, […]
Ample room to boost investments in India and EMs, says Oppenheimer Asset Management – CNBC TV18
There is ample room for increased investment in India and other emerging markets (EMs), says John Stoltzfus, Chief Investment Strategist at Oppenheimer Asset Management, who sees opportunities for investors willing to navigate these markets. He said the US Federal Reserve’s recent 25 basis points (bps) rate cut fell short of market expectations. “Traders wanted more […]
IBLA 2024: CRR cut will ease liquidity and bring down rates in short term, says Federal Bank CEO – CNBC TV18
The Reserve Bank of India’s (RBI) decision to cut the Cash Reserve Ratio (CRR) by 50 basis points to 4% (first since March 2020), injecting ₹1.16 lakh crore into the banking system, has fuelled optimism among industry experts. While KVS Manian, MD and CEO of Federal Bank, noted the RBI’s challenge in balancing inflation control […]
Fed should normalise policy with anticipated 25-50 basis point cut by year-end: BlackRock – CNBC TV18
The US Federal Reserve might have been better off implementing 25 basis point increases in July and September rather than starting with a 50 basis point cut, suggests Gargi Pal Chaudhuri, Head of iShares Investment Strategy Americas at BlackRock. Sharing her insights on the Federal Reserve’s current policies and their implications for financial markets amid […]
Japanese PM Ishiba vows to keep BOJ independent, pledges not to intervene in monetary policy – CNBC TV18
Japanese Prime Minister Shigeru Ishiba said on Saturday he would not intervene in monetary policy affairs, as the central bank is mandated to achieve price stability. “It’s important to avoid vocally intervening” in monetary policy affairs, or appear as if he was doing so, Ishiba said in a news conference gathering leaders of major parties […]
Unsecured business loans in India show early signs of stress: India Ratings and Research – CNBC TV18
Unsecured business loans are showing early signs of stress in asset quality in India, reveals the latest report from India Ratings and Research. The agency believe that this stress signs come at the back of increasing competitive intensity, continuing pressure on cash flows, on-field attrition, and over-leveraging of borrowers. Speaking to CNBC-TV18, Pankaj Naik, Director, India […]
US Fed rate cut a positive for the Indian economy, says DEA Secretary Ajay Seth – CNBC TV18
India views the recent US Federal Reserve rate cut as a positive development for the Indian economy and believes it is unlikely to cause volatility in the financial markets. The government considers the 0.5% rate cut by the US Federal Reserve to be moderate rather than aggressive. Speaking to CNBC-TV18, Economic Affairs Secretary Ajay Seth […]