Mumbai: The Reserve Bank of India (RBI) is not expected to hike key lending rates in the current fiscal, a SBI Ecowrap report said on Saturday. “CPI inflation marginally increased to 3.77 per cent in September 2018. Interestingly, on a m-o-m basis, rural food inflation has registered a decline, even[Read More…]
Tag: SBI Report
RBI can sell USD 25 bn more to arrest rupee fall: SBI report
The Reserve Bank of India (RBI) should intervene in both spot and forward markets to arrest Indian rupee’s depreciation, suggested a State Bank of India (SBI) Ecowrap report on Tuesday. As per the report, during the June 2008 to May 2009 period, when rupee depreciated by 13 per cent, the[Read More…]
Rs 2.11 lakh crore recap plan sufficient, to help expanding economy: SBI report
Mumbai: The Rs 2.11 lakh crore recapitalisation plan for state-run banks would be sufficient to tackle the problems of stressed assets and the multiplier impact of the package could be “at least an expansion of the economy by Rs 3.3 lakh crore”, a State Bank of India (SBI) report said[Read More…]