The Reserve Bank of India is reviewing its inflation targeting framework, established in 2016, and seeks stakeholder input on potential adjustments. While acknowledging the success of the 4% target, the RBI is open to considering alternative benchmarks, including core inflation, and adjustments to the tolerance band. The review aims to improve macroeconomic outcomes amidst emerging global challenges.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an
August 27, 2026