RBI has announced that it will continue the accommodative stance of the policy and will gradually bring down the level of accommodation over a period of time. In other words, the RBI “decided to remain accommodative while focusing on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.” […]
Month: April 2022
Banking & Financial Services Funds
The Banking & Financial Services sector (BFSI), over the years, has emerged as one of the most diverse plays on the India growth story. While the importance of a stable banking industry to support the economic growth cannot be stressed enough, the opportunities available across the financial services segment today makes this sector an even […]
Rate Normalization May be on the Cards
Retail inflation indicated by the CPI for the month of February has touched 6.07 %, and it has come up from 6.02 % for January, and in the last two months inflation has been above the ceiling of the threshold set by the RBI, which is 6 %. The primary factor that has contributed to […]
Fed Rate Hike, Its implications
The Fed has acted finally to revise the target fed funds rate by 0.25%, taking the rate to the range of 0.25% to 0.50%. The last such hike was in December 2018. This move by the Fed is exactly on expected lines and there is no surprise element in this at all. The actual rate […]