rbis

Bond yields spiked up after higher than expected CPI increased the odds of Reserve Bank of India (RBI) hiking rates for second time later this month, i.e., in its quarterly monetary policy on October 29. On the macro-front, inflation based on the Consumer Price Index (CPI), the retail inflation...

The Indian markets made a good bounce back in the late trade of last session, despite being pressured by the weakness in rupee and heavy selling in banking stocks. Today, the start is likely to be modestly in green and the indices are likely to extend their momentum, as in a surprise move, the...

The monetary functions also known as the central banking functions of the RBI are related to control and regulation of money and credit, i.e., issue of currency, control of bank credit, control of foreign exchange operations, banker to the Government and to the money market. Monetary functions...