Credit for India s happy mix of inflation and growth should be shared by RBI s rate-setting panel and the Union government. The centre s supply-side measures have helped the central bank do its job.
Financial analysts anticipate that the key policy rates will likely remain unchanged, given the gradual convergence of inflation towards the RBI’s target level and the upward trajectory of economic growth. Individuals looking to secure loans can find relief in the absence of imminent rate hikes.
E-mandates for making payments of a recurring nature have been raised to Rs 1 lakh for mutual fund subscriptions, insurance premium subscriptions and credit card repayments, , banking, insurance sector, repo rate, marginal standing facility, mpc meeting, sbi chief, bank of baroda, CSB Bank, bharti axa