Sept retail inflation slipped to 5%; industrial growth surged to 10.3% in August thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said the central bank may have to consider open market operations (OMO) to manage liquidity in line with the stance of monetary policy.
On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping narrow the trade deficit, Barclays Bank said in a note.
MUMBAI Indian banks may rely more on raising funds through certificates of deposits for the rest of the year, as credit demand remains strong and inflows…