i think the RBI might cut its rates next season because companies earnings this season have been very poor. Itโs the lowest in the last four years, and this is currently one of the biggest concerns for the Indian market.
In the poll I conducted yesterday, 51% of people were saying no, but the Fed has cut rates now. Only the RBI is left; let's see what happens.
2 replies5 likes
Raja Niketh Reddy Nallapareddy
Stealthย โขย 3m
Hey, focus on businesses where your cut is 10% of their earnings, not the ones where you're taking 90%.
1 replies2 likes
Kolkata Index
Stealthย โขย 1m
West Bengal comes under the top 5 lowest subsidy burdened states in India, far lower than the national average.
Courtesy - RBI infographic published by the Economic Times.
4 replies3 likes
Vikram Kumar
Stealthย โขย 2m
Navi Finserv Ordered to Cease Loan Disbursement by RBI ๐จ
In a recent development, Navi Finserv, the NBFC arm of Sachin Bansalโs Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
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0 replies2 likes
financialnews
Stealthย โขย 2m
"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices"
"RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth
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2 replies7 likes
Atharva Deshmukh
Stealthย โขย 6m
Have studied about Monetary Policy in short and it's effect.
The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is Indiaโs central bank.
While setting the int
Thank you to the Indian government and their policies, and a special thanks to the RBI and the new RBI Governor๐ฅฐ.
Tax us too, so that they, the whole country, remain poor, while their cronies prosper.
On Tuesday, the rupee hit a new low of Rs 84.75 per dollar as slowing economic growth rattled markets. Will the RBI step in with a rate cut this Friday to steady the ship?
0 replies1 like
BigLoot IN
Stealthย โขย 2m
RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.