Tag : Central Bank

Business

US Fed Likely To Cut Rates By 25 Bps In September, Says ICICI Bank

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The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased, but the final decision will depend on...
Business

RBI Mops Up Rs 1 Lakh Crore Via VRRR Auction To Tame Surplus Liquidity

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The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day variable rate reverse repo (VRRR) auction....
Business

Financial Stability Crucial Amid Global Uncertainty, Says RBI Governor

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RBI Governor Sanjay Malhotra on Monday said financial stability, like price stability, is a necessary condition for boosting economic growth even as he flagged that...