The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added.… Continue reading Markets to focus on Q1 earnings, RBI interest rate this week: Analysts
Tag: interest
Bank of Baroda Q1FY24 proft rises 87.7% on growth in net interest income
Public sector lender Bank of Baroda’s net profit rose by 87.7 per cent on a year-on-year (YoY) basis at Rs 4,070 crore in quarter ended June 2023 (Q1FY24) on robust growth in net interest income as well as non-interest income. Sequentially, the public sector lender’s profit went down from Rs 4,775 crore in… Continue reading Bank of Baroda Q1FY24 proft rises 87.7% on growth in net interest income
No undue pressure exerted on Desai, interest rate not excessive: Edelweiss
Hours after a case was registered against its top officials for allegedly abetting the suicide of Bollywood art director Nitin Desai, Edelweiss ARC on Friday denied that it had put pressure on him for repaying loans. Stating that it followed all legal processes mandated by the RBI, the Asset Reconstruction Company also clarified… Continue reading No undue pressure exerted on Desai, interest rate not excessive: Edelweiss
BoE set to join Fed in raising interest rates again amid high UK inflation
The Bank of England is set to raise interest rates Thursday for the 14th time in a row to a fresh 15-year high and keep the door open for further increases in the months to come as it tries to tamp down persistently high inflation. Most economists think the UK central bank will… Continue reading BoE set to join Fed in raising interest rates again amid high UK inflation
Disclosing conflict of interest builds trust
I explained the conflict: if Sukanya sold real estate and invested in financial products, our fee, a percentage of assets under advice (excluding real estate), would rise Source link
RBI likely to maintain status-quo on key interest rates, say experts
The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking benchmark rates, as domestic inflation is within the RBI’s comfort zone, say experts. The borrowing… Continue reading RBI likely to maintain status-quo on key interest rates, say experts