Don't be afraid..! This is the result of RBI..!?

Decreasing inflation in india and the world's leading economies, and continuously improving employment data have led the US central bank, the Federal Reserve, to reduce the pace of interest rate hikes. In this situation, the Reserve bank of India's bi-monthly monetary policy meeting will begin today (December 5) and continue for the next two days. Due to the fact that the impact of the economic recession on the world countries has decreased, the investment markets have started to return to their old levels.
From monthly salary earners to large corporates with a daily turnover of crores of rupees are waiting for the decision to be taken in this meeting. In the monetary policy meeting of the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india to be held on december 5-7, the Monetary Policy Committee chaired by RBI governor Shaktikanta Das has decided on the market situation at 35 basis points i.e. 0.35 percent. Some banks have indicated that they are likely to increase interest rates by 25-35 basis points in this meeting. With this, the RBI is expected to increase the interest rate by less than the previous meeting by 50 basis points, but no one has announced that there will be no interest rate hike. Recently, US Federal Reserve Chairman Jerome Powell said that inflation and employment data turned positive for the economy and business growth. He said that the next interest rate increase will be less and the speed of the interest rate increase will be reduced. Following this, the number of foreign investments in the indian stock market increased, and the Sensex and Nifty indexes reached new highs every day.Indian startups, which have been struggling to attract new investment above all, received around $1,275 million worth of investment this november with around 75 deals, including $1,004 million in the early-stage investment segment and $270 million in the late-stage investment segment.Interest rates of central banks are the most important cause of economic depression or recession in every country. If the interest rate continues to increase, it is expected that new borrowing will decrease and repayment of existing loans will also decrease. In line with this, India's economic growth was 13.5 percent in the April-June quarter and 6.3 percent in the July-September quarter. In this situation, economic growth will continue to rise by raising the repo rate in the monetary policy meeting of the RBI which started today.

మరింత సమాచారం తెలుసుకోండి:

RBI

Sowmiya Sriram

05/12/2022 11:36 AM