An interest rate cut by the Reserve Bank of India in its June monetary policy committee (MPC) meeting is not a solution to the weak economy, said Arvind Sanger, managing partner, Geosphere Capital Management. “Focusing on the RBI and cutting rates and focusing on oil prices and going down are helpful factors but they do … Read more
RBI Governor Urjit Patel (AFP Photo) MUMBAI: RBI Governor Urjit Patel on Wednesday said there is further scope for banks to reduce lending rates as the Reserve Bank has already brought down its policy rates by 175 basis points since January 2015. “There is still scope for the lending rates to come down because our … Read more
(Representative image) MUMBAI: RBI’s decision to keep rates unchanged caught the stock markets off-guard on Wednesday with a sharp plunge in the Sensex within minutes of the policy announcement amid a heavy pounding of bank stocks, but a quick recovery saw the index limiting its losses at just 45 points. NSE’s Nifty index fared better … Read more
Apply now at Reserve Bank of India (RBI) for assistant cadre posts. RBI hiring for assistant cadre posts: Apply before Nov 28 at rbi.org.in RELATED STORIES HP Jobs: HRTC Shimla is hiring engineering degree holders, application submission date extended AIIMS Rishikesh is looking for MBBS degree holders: Hiring on for Junior Resident post, interview on … Read more