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SBI raises loan growth guidance to 13-15% on trade deals, Budget impetus

Mumbai, Feb. 7 -- India's largest lender State Bank of India (SBI) on Saturday raised its FY26 loan growth guidance by 100 basis points to 13-15% on the back of trade deals and announcements in the re... Read More


RBI MPC holds repo at 5.25%, continues with neutral stance

Mumbai, Feb. 7 -- The monetary policy committee of the Reserve Bank of India (RBI) on Friday retained the repo rate at 5.25%, taking a pause after a 25 basis points (bps) cut in the December meeting. ... Read More


RBI plans to remove VRR cap to boost foreign investments in bonds

MUMBAI, Feb. 6 -- The Reserve Bank of India plans to remove the limit of Rs.2.5 trillion applicable to investments under the Voluntary Retention Route (VRR), a move seen to draw greater overseas inves... Read More


RBI's liquidity management will be preemptive, says governor Malhotra

Mumbai, Feb. 6 -- The Reserve Bank of India's (RBI) liquidity management would be pre-emptive with sufficient allowance for unanticipated fluctuations in government balances, changes in currency in ci... Read More


RBI pauses at 5.25% after December cut, keeps policy stance neutral

Mumbai, Feb. 6 -- The monetary policy committee of the Reserve Bank of India (RBI) on Friday retained the repo rate at 5.25%, taking a pause after a 25 basis points (bps) cut in the December meeting. ... Read More


Stronger banks can now pay less to insure customer deposits

MUMBAI, Feb. 6 -- Banks in India will soon pay deposit insurance premiums based on their financial strength, with safer lenders getting a discount and weaker ones continuing to pay the current flat ra... Read More


RBI doubles collateral-free loan ceiling for small businesses to Rs.20 lakh after 16 years

New Delhi, Feb. 6 -- The Reserve Bank of India (RBI) said on Friday that small businesses can now avail of loans up to Rs.20 lakh without any collateral, which is double what they were allowed until n... Read More


Rupee to take cues from fine print of India-US trade deal, says RBI governor

Mumbai, Feb. 6 -- The rupee's movement will hinge on the fine print of the proposed India-US trade deal, Reserve Bank of India governor Sanjay Malhotra said on Friday. "The deal has so far been annou... Read More


India-US deal removes tariff overhang, extremely positive: SBI chairman Setty

Mumbai, Feb. 3 -- The trade deal between India and the US announced last night removes the overhang of tariffs and is an extremely positive development for the domestic economy, said C S Setty, chairm... Read More


Boost domestic savings to lower cost of capital

MUMBAI, Jan. 30 -- The Economic Survey on Thursday called for policies that raise India's domestic savings and make manufacturing more competitive, arguing that these are critical to lowering the coun... Read More