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RBI: Latest News & Videos, Photos about RBI | The Economic Times

India and Korea shared recognition of the necessity for cooperation in financial supervision and agreed to discuss and conclude an MOU on financial supervision between The Reserve Bank of India and the Financial Services Commission, Korea. This policy decision by the RBI clearly emphasizes (a) RBI concern to address growth, (b) Premise of food inflation rapidly cooling off from December and (c) Surprising the market by going against the market consensus: SBI Research. RBI’s move should be seen in the light of increasing pressure on GDP growth; given that we are heading for the last quarter of the financial year. The tightening government spending in the last quarter of the fiscal (to meet budget projections), will acts as headwinds for GDP growth, as acknowledged in the policy statement. This being the case, a rate… more. India Ratings & Research says that public sector banks would depend more on equity injections from the government, as their capital ratios could be impacted by falling internal accruals together with pressure to grow the loan portfolio. The government has been very supportive so far, which provides a strong support floor to the long-term issuer ratings… more. Fed meeting will be in focus with markets looking at cues on the Fed taper. RBI’s actions on interest rate front will also be watched closely. Before that, the results of the elections in the five states will be announced and that will be an important trigger for the market: Kotak Securities. Going ahead, markets will watch out for the remaining quarterly results in the next week. Early next week, markets will also focus on the outcome of the China’s Plenum, where significant reforms measures are expected to be announced…economic data in US and India will be in focus as the RBI and US Fed meet in the next month for their respective policy… more.
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