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Maroc - Times of India - Business - 18/09/2024 23:20
The US Federal Reserve's decision to cut rates by 50 basis points is unlikely to prompt an immediate reaction from RBI. This move could help stabilize the rupee and lower borrowing costs. Experts have mixed opinions on its impact, with some seeing benefits for NBFCs while others remain cautious about broader economic effects.
RBI Guv urges NBFCs to maintain sound underwriting standards, close monitoring of asset quality
Prior to the RBI-engineered recovery, the rupee had fallen about 1% against the US dollar over the past two weeks.
Prior to the RBI-engineered recovery, the rupee had fallen about 1% against the US dollar over the past two weeks.
Mr Obi said the allegations of inconsistencies trailing the reforms should rather prompt the Tinubu-led administration to take immediate action.
PwC's Ranen Banerjee advises against an interest rate cut by the RBI in February 2026, stating it would be "wasting a bullet" given robust economic...
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(Reuters) – Governments reacted cautiously on Sunday to U.S. President Donald Trump’s invitation to join his “Board of Peace” initiative aimed...
(Reuters) – Governments reacted cautiously on Sunday to U.S. President Donald Trump’s invitation to join his “Board of Peace” initiative aimed...