The RBI announced a very boring credit policy with no changes to CRR or Interest rates. But one thing it did say was that: 13. Review of Short Selling ...
We wrote earlier this month that the cost of Demonetization was Rs. 34,000 cr. after a much lower dividend from the RBI. We even written in November 2016 that ...
The RBI will pay Rs. 306.59 billion (Rs. 30,659 cr.) to the government as a “surplus”. Versus Rs. 65,000 cr. in the previous years. Oh my goodness, ...
RBI has removed withdrawal limits on current accounts and overdrafts, and all ATM limits it had placed. Notification: Limits placed vide the circulars cited ...
Foreign Investors loved Indian government debt for a long time. But recently, that love has gone away. After Trump and Demonetization they have sold over Rs. ...
RBI hasn’t cut rates at all. We were wrong. In the policy statement, the RBI has kept rates the same at 6.25% (Repo). The reverse repo rate is 5.75%. The ...
