The meeting, which began on 3 April 2023 will continue to 6 April 2023, where the central bank Governor Shaktikanta Das-headed MPC will take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24. The decision of the six-member rate setting panel will be announced by the Governor on Thursday. aaa
SBM Bank India Limited today said that it has raised Rs 99 crore through the issuance of second tranche Basel-III compliant Tier II Bonds on January 24, 2023.
Rupee likely rebounded from the day's low on dollar sales by exporters, although the rupee trading near 83-levels made investors nervous, added a state-run bank dealer.