Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4% for the eleventh time. Reverse repo rate remains unchanged at 3.35%. The stance remained accommodative. CRR is maintained at 4% The marginal standing facility (MSF) rate and the Bank rate remain unchanged at…
Scheme of Arrangement: Amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited, wholly-owned subsidiaries of HDFC Ltd. into HDFC Ltd. and Further of HDFC Ltd. with and into HDFC Bank Limited. Swap Ratio: Shareholders of HDFC Limited as on record date will receive 42 shares of HDFC…
As we are entering a new financial year on a series of adverse global development of Russia invading Ukraine, Federal Reserve has already started raising interest rate after three year and have started taking of reducing their balance sheet as Annual inflation rate in the US accelerated to…
Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4% for the tenth time. Reverse repo rate remains unchanged at 3.35%. The stance remained accommodative, five members voted in favor, while one voted for expressed reservations. CRR is maintained at 4% Projection for…
The pandemic brought the global economy to its knees, as the world went into lockdown which stopped all the activity, disrupted supply chains and causing a surge in unemployment. The economic volatility also sent many major currencies into a tailspin. While already-weak economies have been hit hardest by…
This year Indian Stock Market is one of the best performing market in the world, market has ran up more than 30% till October. From October onwards bulls are taking a breather digesting this big gain and consolidating in a range. From October onwards there were negative events…
Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4% for the ninth time. Reverse repo rate remains unchanged at 3.35%. The stance remained accommodative, five members voted in favour, while one voted for a change. CRR is maintained at 4% Projection for…
Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4%. Reverse repo rate remains unchanged at 35%. The stance remained accommodative, five members voted in favour, while one voted for a change. CRR is maintained at 4% Projection for real GDP growth is…