5 December 2019

[vc_row][vc_column][vc_column_text] In a surprise move, The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) maintained the repo rate at 5.15 per cent points (bps) in its fifth bi-monthly monetary policy meeting of the financial year 2019-20 (FY20) on Thursday. However, GDP growth forecast for FY20 was slashed to 5 per cent …

Despite an expectation of 25 bps rate cut, RBI left Repo rate unchanged; FY20 GDP forecast lowered to 5% Read More »

[vc_row][vc_column][vc_column_text] The Union Cabinet on Wednesday cleared the launch of India?s first bond ETF in a bid to deepen the bond market and bring in retail participation in this space. The ETF, called Bharat Bond ETF, will have a fixed maturity of three and ten years and will trade on the local stock exchange. It …

Cabinet cleared the launch of India?s first bond ETF; Open ups retail investors to bet on Bonds Read More »