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September 30, 2022

RBI on Friday 30th September said that the recent sharp rate hikes and forward guidance about further big rate hikes have caused tightening of financial conditions, extreme volatility, and risk aversion. All segments of the financial market including equity, bond and currency markets are in turmoil across countries.…

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June 8, 2022

Key Highlights:  The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90% Reverse repo rate remains unchanged at 3.35%. Decided to remain focused on withdrawal of accommodation The marginal standing facility (MSF) rate and the Bank rate increased by 50 bps to 5.15…

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April 8, 2022

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…

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April 4, 2022

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…

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March 31, 2022

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…