The longterm repo option is aimed at credit flow to Main Street.
India is in a sweet spot to attract global investors with many economic reforms including tax rates and consistency in policy making. Citibank's head of Corporate Banking Group K Balasubramanian, says with giant multinational companies looking for an alternative to China as a manufacturing hub to reduce the risks, India may well be the choice. Edited excerpts:
Insurance is about assessing risk, but it is more about reinsurance which bears part of the risk. Bruce Carnegie-Brown, chairman of Lloyd’s of London — the oldest reinsurance market, says how he looks at the still nascent Indian insurance market. Edited excerpts.
Even corporate bond yields fell by 10 to 15 basis points.
Estimates went haywire this fiscal due to poor tax collection. The new divestment target looks too ambitious.
Project lending and NBFCs may be no-no for some lenders. But these segments open up a lot of opportunities provided the accompanying risk is assessed properly and built into the lending decisions, said Bank of Baroda CEO Sanjiv Chadha.
“Inflation expectations play a central role in setting and conducting monetary policy in modern times,’’ Patra wrote. “Over a finite time horizon, inflation expectations reflect the credibility of the monetary authority’s commitment to stated objectives. The effectiveness of monetary policy is likely to be greater if inflation expectations remain anchored.’’
CPI climbing to a 64-month high has brought back the question: is monetary policy suited to tackle inflation?
When options are limited, 'reorienting' the State’s priorities is applicable to the businesses it owns.
Axis Bank admitted that it had seen record resignations in the past few months, but said it had already hired 28,000 people this fiscal year and would hire another 4,000 in the last quarter. The bank is going big on automation and making use of AI to drive growth.
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