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SBI sets up RIB Redemption Cell The State Bank of India has set up an RIB Redemption Cell to ensure smooth repayment of aboutRs 25,000 crore to investors of Resurgent India Bondsfrom October 1.The......

Will RBI's new Guv usher a growth-propping rate cut in 2025?

Malhotra, who started his three-year term on December 11, has pointed to growth, stability and trust as his focus areas. Photograph: Hemanshi Kamani/Reuters The RBI under former governor......

FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025

After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations,......

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Illustration: Dominic Xavier/Rediff.com Positive macros — lower......

Rs steady against $ in CY24, weakens vs euro, pound

The rupee has remained largely stable against the US greenback in the current calendar year (CY 2024), depreciating by just 0.59 per cent so far. Illustration: Dominic Xavier/Rediff.com However,......