The RBI’s Monetary Policy Committee (MPC) conducted its monetary policy meeting from August 8 -10, 2023. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today decided to: These decisions are in consonance with the objective of achieving the medium-term target for consumer price index […]

The RBI’s Monetary Policy Committee (MPC) conducted its monetary policy meeting from June 6-8, 2023. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today decided to: Part A: RBI’s Policy decision Rationale: 1. Inflation: CPI inflation fell to 4.7% in April 2023 from 6.4% […]

Issue Overview: Issuer Cholamandalam Investment and Finance Company Limited Type of Instrument Secured Rated Listed Redeemable Non-Convertible Debentures Rating IND AA+/Stable by India Ratings & Research Private Limited and [ICRA] AA+/Stable by ICRA Limited Issue Size Base Issue Rs.500 crores + Green Shoe Rs.500 crores. Total = Rs.1000 crores Face Value Rs. 1000 per NCD […]

The RBI’s Monetary Policy Committee (MPC) conducted its monetary policy meeting from April 3-6, 2023. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today decided to: Part A: RBI’s Policy decision Rationale: 1. Inflation CPI headline inflation rose from 5.7% in December 2022 to […]

Key Highlights of the Budget for FY 2022-23: Announcements on Taxation: Conclusion Remarks The budget is a continuation of the existing government policies and holds no negative surprises or major announcements. The Government has continued with its policy to support economic growth, with its spending focused on increased capital expenditure. At the same time, the […]

The RBI’s Monetary Policy Committee (MPC) conducted its 3rd bi-monthly monetary policy meeting for FY21-22 from 4-6, August 2021. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today decided to: Part A: RBI’ s Policy decision Rationale: 1. Inflation Headline inflation surprised on the […]

The RBI’s Monetary Policy Committee (MPC) conducted its 1st bi-monthly monetary policy meeting for FY2021-22 from April 5-7, 2021. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today decided to: Part A: RBI’ s Policy decision Rationale: 1. Inflation Headline inflation increased to 5.0% in […]

The RBI’s Monetary Policy Committee (MPC) conducted its 5th bi-monthly monetary policy meeting from February 3-5, 2021 The Monetary Policy Committee (MPC) at its meeting today decided to: Part A: RBI’ s Policy decision Rationale 1. Inflation Retail inflation eased below the upper tolerance level of 6% for the first time in the COVID-19 period […]

Fiscal Deficit In the Union Budget, the government revised its fiscal deficit targets significantly upwards for FY2020-21 and FY2021-22 citing severe stress on its finances on account of the unprecedented nature of the Covid-19 pandemic’s impact on the economic growth and with a view to supporting economic output. The details of the revenues, expenditures and fiscal deficit […]