The unanimity reflects that MPC is more wedded to its mandate of keeping inflation at 4%.
When he succeed Urjit Patel as RBI Governor on Dec 11, critics said he could be remote-controlled by the govt.
There is a huge protection gap. It is only 2% and it has been operating only in savings.
Whether IPOs are PE backed or not, there’s a mystery surrounding them.
Inflation in India has been well controlled but is higher than many developed markets.
I don’t think the Federal Reserve is a believer in negative interest rates. It’s not a QE programme.
JP Morgan CEO believes India can grab a chunk of global trade in the wake of US-China disputes, but investments to depend on aggressive reform measures. Dimon has been among the high profile global CEOs who has been bullish on India
Banks and mutual funds suddenly woke up to the risks of lending to these companies.
Over the last two quarters we have reduced our exposure to Indiabulls by 30%, said Gill.
Sept quarter performance shows ability to overcome operational challenges & boost growth, said Bank CEO.
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