Moody’s Outlook On Indian Banks Remains Stable As Recovering Economy Paints A Positive Picture Ahead

Expecting the banking sector’s financial fundamentals to improve ahead, Moody’s in its research note said, declines in loan-loss provisions and increases in net interest margins will boost banks’ profitability. Capitalization, funding, and liquidity will be stable and support loan growth. In Moody’s opinion, banks operating environment will be stable as the economy gradually recovers from … Read more

RBI trims FY23 growth forecast to 7.2% amid geopolitical uncertainties

The Reserve Bank on Friday slashed economic growth projection to 7.2 per cent for the current fiscal from 7.8 per cent estimated earlier amid volatile crude oil prices and supply chain disruptions due to the ongoing Russia-Ukraine war. However, the central bank asserted that it will use all available tools to defend the Indian economy. … Read more

Unfolding global developments poses risks to Indian economy, says RBI

India’s macroeconomic fundamentals remain strong but the unfolding global developments pose downside risks in terms of spillover, the Reserve Bank of India (RBI) said in its monthly bulletin on Thursday. “The ongoing geopolitical crisis has heightened the uncertainty clouding the global macroeconomic and financial landscape even as the world economy struggles to recover from the … Read more

How to Invest As the Russia-Ukraine Conflict Worsens: UBS

Stocks have been hard-hit by fears about the Russia-Ukraine war, high inflation, and rising rates. UBS investment chiefs Solita Marcelli and Mark Haefele outlined their firm’s new investing outlook. Here are the four sectors investors should target now with volatility on the upswing. A troublesome trio of risks has rattled stocks so far in 2022: … Read more

RBI keeps repo rate unchanged at 4%; maintains accommodative stance

NEW DELHI: The Reserve Bank of India‘s (RBI) monetary policy committee (MPC) on Wednesday unanimously decided to keep repo rate unchanged at 4 per cent for the tenth consecutive time and continued with the accommodative stance. Repo rate is the rate at which the RBI lends to banks, while reverse repo rate is the rate … Read more

Bank of England raises interest rates for second straight meeting

The Bank of England raised its key interest rate for a second consecutive meeting, moving further ahead of other major central banks as they grapple with soaring inflation. The rate-setting Monetary Policy Committee agreed to lift the BOE’s policy rate to 0.5%, from 0.25%, saying they expect annual inflation to accelerate above 7% within months … Read more

Better times await fixed-income seekers

With interest rates bottoming out and the economy picking up, opportunities for higher returns may open up The spotlight has been on stock markets since the Budget presentation and subsequent stock swings have given palpitations to the adventurous. But this Budget had some significant signals for fixed income investors too, which have flown under the … Read more