RBI rate hike a 'win-win' situation for markets, banks, says SBI report

The SBI report ruled out a October rate hike The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets......

Retail investors, not FIIs, power equity markets: Report

A key trigger for the increased retail participation in equities has been the lockdown triggered by Covid-19 that saw investors channelising their savings to capital markets in search of better......

Early exit of Acharya will not roil markets: SBI report

The report said that "we believe, institutions are more important than individuals" and ultimately what is important is the credibility and the independence of any institution and nothing else.......

Monetary policy specialist Patra is new RBI dy guv

Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012. Michael Debabrata Patra, 59, has been appointed the Reserve Bank of......