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Moneycontrol Pro Panorama | Uday Kotak is not riding into the sunset anytime soon

In today s edition of Moneycontrol Pro Panorama: Indian foreign policy needs a rejig, high demand for MGNREGA signals a job crunch, no takers for dollar, slow bank credit no reason to worry, and more

Dinesh unnikrishnanUday kotakMadhuchanda deyKotak mahindra bankKotak bankManaging directorMoneycontrol proC pro panoramaMoneycontrol pro panorama

RBI Monetary Policy LIVE Updates: RBI pause likely; case for neutral stance?

RBI Monetary Policy LIVE Updates: RBI has kept policy repo rate unchanged at 6.5% in a unanimous decision. Standing Deposit Facility Rate remains at 6.25%; while Marginal Standing Facility Rate and Bank Rate also unchanged at 6.75%. Focus remains on withdrawal of accommodation to ensure that inflation progressively aligns with the target

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DBS, other rivals may be taking a closer look at Citi s India retail assets

DBS, other rivals may be taking a closer look at Citi s India retail assets © Dinesh Unnikrishnan DBS, other rivals may be taking a closer look at Citi s India retail assets Two foreign banks and a clutch of Indian banks are weighing the possibility of buying out Citibank’s retail assets in India. A few banks have shown “preliminary interest,” according to multiple people familiar with the development. Among those who are understood to have reached out to Citibank are Citi s key rivals, HSBC and DBS. DBS Bank is evaluating Citi s assets in India. It s a high quality portfolio, said an individual tracking the divestment process.

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Moneycontrol Daily: Your Essential 7

Moneycontrol Daily: Your Essential 7 [content][quote]Big Story [/quote][title]India s GDP at 0.4% [/title][circularimage][/circularimage][body] India s gross domestic product (GDP) has finally entered the positive. For the third quarter, it is at 0.4 percent, indicating a marginal expansion after shrinking in the previous quarters. Here are eight key takeaways from the data that you need to know about. [/body][/content] Today: In line with the Prime Minister s clarion call for an Aatmanirbhar Bharat , India s first virtual toy fair is set to begin, with Hamleys as the title sponsor for the event. Tomorrow: [/body][/content] [content][quote]Market Buzz [/quote][title]Sixth-biggest single-day fall for Sensex[/title][body]

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