Latest Updates Around The World
Salee S Nair, MD and CEO, Tamilnad Mercantile Bank Ltd Tamilnad Mercantile Bank on Wednesday reported a 14 per cent rise in net profit to ₹342 crore for the quarter ended December 2025 (Q3FY26). Total income for the third quarter was ₹1,655 crore, compared to ₹1,520 crore in the same quarter last year. The quarter-on-quarter […]
FILE PHOTO: FILE PHOTO: Reserve Bank of India (RBI) Governor Sanjay Malhotra | Photo credit: HEMANSHI KAMANI Even with the Reserve Bank of India cutting the repo rate by 25 basis points on Friday, banks are unlikely to aggressively cut term deposits and marginal cost of funds-based lending rate (MCLR), senior bankers say. Intense competition […]
Indian government bonds stabilized early on Tuesday, pausing after a sharp sell-off in earlier sessions following the central bank’s decision to exclude the most liquid benchmark paper from this week’s bond purchases. The benchmark 10-year yield stood at 6.5668%, at 10:30 am IST. The price ended Monday at 6.5697%, an increase of more than five […]
Members of the MPC will hold detailed discussions on the future stance of monetary policy, taking into account the latest data on GDP growth and inflation. The policy outcome will be announced by RBI Governor Sanjay Malhotra at 10 am on Friday. The three-day meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee […]
