Blackstone’s GCC in Bengaluru anchors fresh $50bn India plan
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Banking to become more dependable in next decade: PM Modi
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Noel challenges Chandrasekaran’s reappointment
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West Asia crisis: Government ready with energy, fertiliser stocks
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Keeping all data centres sovereign, says RBI governor
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Banks pass on rate hikes, but go slow when rates fall; RBI study finds
A recent study by the RBI indicates that banks are more responsive to interest rate hikes than to cuts. Specifically, banks relayed 76.4% of repo rate increases, while only 64% of reductions were passed on. Amid periods of tightening, lending rates surged significantly, in contrast to the minimal decreases observed during easing. This research highlights the intricate dynamics of interest rate adjustments, particularly affecting sectors like MSMEs. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/dZKG7Pl >
Stock market outlook: Fed meeting, crude & more - top cues guiding Dalal Street this week
As Dalal Street braces for a pivotal week, key earnings reports and the impending US Federal Reserve interest rate decision are grabbing attention. Investors are eagerly anticipating the September industrial production and manufacturing figures, set to be released on October 28. Moreover, Jio Platforms' stock market entry promises to sway investor sentiment. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/B4LpQK6 >