Monday, 17 December 2018

Transfer of excess reserve may pull down credit rating of RBI says Raghuram Rajan

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Mon, Dec 17, 2018 | 05:13 PM IST

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Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan

Rating downgrade of the RBI from 'AAA' would make borrowing costlier for the central bank and will have implication for the entire economy.

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The carrier had plans to induct on lease latest Airbus A320 Neo planes in 2016, but it was cut to 29 planes following the government's decision to partially privatise it.

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Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan

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Market Watch 17 Dec | 05:13PM|
SENSEX NIFTY USD/INR GOLD
36270.07
307.14
10888.35
82.90
71.55
-0.34
31438.00
-115.00
MARKET NEWS
Why is market refusing to lie low? There's more to it than meets the eye

He sees three factors at work that explain market's seemingly contradictory behavior....

Tumultuous year raises India Inc dependence on foreign banks

Some Indian companies are stomaching the recent uptick in loan rates....

Gainers Losers 17 Dec, 2018, 05:13PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
BEML 846.15 8.04 365688 850.00 779.00
Cox & Kings 158.55 7.20 26541 160.50 147.30
Hindustan Copper 51.05 6.02 449959 52.65 48.45
Avanti Feeds 385.40 5.97 189692 395.60 363.00
MMTC 29.30 5.78 911942 30.50 28.45
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