Tag: One

RBI policy: India’s central bank faces calls to do more than just one rate cut

India’s central bank is poised to deliver its fourth successive quarter-point interest rate cut on Wednesday, amid calls from investors and the government for further easing as a slowdown gripping the economy becomes more pervasive. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.5%, according to almost all of the 36

IDBI charts out plan to bring banking, insurance services at one platform

Additionally, a working group has been created to carry forward the initiatives identified for synergy and to effectively implement the decisions taken at the management level, the bank said. IDBI to bring banking, insurance services at one platform (Representational Image)  |  Photo Credit: BCCL New Delhi: IDBI Bank on Sunday said it is strategising to be a