According to the RBI statement, credit growth at PSBs has been consistently higher than that of private sector banks (PVBs) over the past five quarters. Photo credit: ROY CHOWDHURY A According to RBI, credit growth of public sector banks (PSBs) at 14.1 per cent (year-on-year) in December 2025 exceeded the overall bank credit growth of […]
On February 6, the RBI’s monetary policy committee unanimously decided to keep the policy repo rate unchanged at 5.25%, while maintaining a neutral policy stance. | Photo credit: FRANCIS MASCARENHAS According to ICICI Bank Global Markets, the chances of a monetary policy rate hike are quite slim given the favorable core inflation. As a result, […]
Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) | Photo credit: HEMANSHI KAMANI Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate at 10 am today, while the three-day Monetary Policy Committee (MPC) meeting will conclude on Friday. Financial markets remain divided on expectations from the MPC, with economists […]