The weakening of the rupee and high oil prices continue to exert upward pressures on inflation, it said, forecasting another half percentage point interest rate increase by the Reserve Bank of India to anchor inflation expectations and support the exchange rate.
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah
The timeline stands in contrast to Jagdishan’s previous reappointment. HDFC Bank’s board had recommended a fresh three-year term for him on March 4, 2023, nearly
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