bank stocks: Bank stocks rally up to 2% after RBI cuts CRR to 4%
Bank stocks rallied up to 2% on Friday after the Reserve Bank of India (RBI) slashed the cash reserve ratio (CRR) by 50 basis points to 4%. The measure will …
Cash Reserve Ratio
Bank of Baroda may raise up to Rs 5,000 crore through infra bonds in coming days
Bank of Baroda is likely to raise up to Rs 5,000 crore through the issuance of infrastructure bonds in coming days, as the state-owned lender looks to garner long-term funds …
Axis Bank, Indian Bank eye infra bond route for fund-raise next month
Axis Bank and Indian Bank are likely to raise funds worth up to Rs 9,000 crore through the sale of infrastructure bonds next month, as lenders continue to rely on …
Digital or physical, cash is not king for reserve ratio
Mumbai: India’s central bank digital currency pilots in wholesale and retail segments have largely met with success since last year, but some banks have recently hit a bump as statutes …