Swati Bhat

Mumbai

Team Lead Treasury at Reuters

India Finance and RBI Correspondent with Reuters News in Mumbai. Views expressed are my own. RTs are not endorsements. Contact: [email protected]

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Articles

RBI’s cash influx seen a small relief amid global uncertainty

3 weeks ago | kfgo.com | Swati Bhat |Siddhi Nayak

By Swati Bhat and Siddhi NayakMUMBAI (Reuters) -The decision by India’s central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia’s third-largest economy as global uncertainties restrain corporate investment, bankers and sources said.
RBI's cash influx seen a small relief amid global uncertainty

3 weeks ago | marketscreener.com | Swati Bhat |Siddhi Nayak

MUMBAI (Reuters) -The decision by India's central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia's third-largest economy as global uncertainties restrain corporate investment, bankers and sources said. The infusion of liquidity, along with two consecutive rate cuts, will at best prevent further deceleration in growth, which probably fell to a four-year low of 6.5% in the financial year ended March 31, 2025, they said.
India’s interest rate setters back growth-supportive monetary policy

3 weeks ago | 943jackfm.com | Swati Bhat |Siddhi Nayak

By Swati Bhat and Siddhi NayakMUMBAI (Reuters) -Inflation in India is expected to stay near target this fiscal year, providing space to support growth through further monetary easing, members of the country’s rate-setting panel said in the minutes of April policy that were released on Wednesday.
Indian Economy Less Vulnerable to Global Headwinds, Cenbank

3 weeks ago | gurutrade.com | Swati Bhat |Nivedita Bhattacharjee

MUMBAI, April 22 (Reuters) - India's economy is relatively less vulnerable to global headwinds, and calibrated policy support could help the country turn current volatility into an opportunity, the Reserve Bank of India said in its April bulletin released on Tuesday. "Although the dampening global economic outlook could impact India's economic growth through weaker external demand, the domestic growth engines ...
India Extends Cenbank Deputy Sankar's Term by One Year

3 weeks ago | gurutrade.com | Swati Bhat |Sudipto Ganguly

MUMBAI, April 22 (Reuters) - India has extended the term of Reserve Bank of India deputy governor T. Rabi Sankar by one year, according to a government notification. The government notification, dated April 21, said Sankar would continue to serve for an additional year starting May 3 or until further orders, whichever is earlier. Sankar was first appointed deputy governor on March 3, 2021 for a period of three years before his term was extended by a year in 2024.
Looking at liquidity surplus of around 1% of deposits, India cenbank chief says

1 month ago | marketscreener.com | Swati Bhat |Dharamraj Lalit Dhutia

MUMBAI (Reuters) - The Reserve Bank of India is expected to keep sufficient surplus in the banking system to ensure policy transmission and is looking at a level of around 1% of deposits, Governor Sanjay Malhotra said on Wednesday in his monetary policy address. That works out to about 2 trillion rupees ($23 billion), based on market estimates of deposits of about 250 trillion rupees. However, the surplus averaged around 1.66 trillion rupees in April and was in deficit the previous four months.
India baja los tipos de interés ante los riesgos para el crecimiento

1 month ago | lanacion.com.ar | Swati Bhat |Sudipto Ganguly

By Swati Bhat, Sudipto GangulyMUMBÁI, 9 abr (Reuters) -El Banco de la Reserva de India (RBI, por sus siglas eninglés) bajó el miércoles su tipo de interés de referencia porsegunda vez consecutiva y modificó la orientación a futuro de supolítica monetaria, señalando la posibilidad de más recortes, enun intento de impulsar la economía ante el reto de los nuevosaranceles estadounidenses.
India cenbank cuts rates, changes stance to 'accommodative' as US tariffs add to growth risks

1 month ago | marketscreener.com | Swati Bhat |Sudipto Ganguly

MUMBAI (Reuters) -The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh U.S. tariffs. India became the second central bank after the Reserve Bank of New Zealand to cut interest rates since the wide-ranging trade levies were announced.
India cenbank cuts rates, changes stance to ‘accommodative’ as US tariffs add to growth risks

1 month ago | wncy.com | Swati Bhat |Sudipto Ganguly

By Swati Bhat and Sudipto GangulyMUMBAI (Reuters) -The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh U.S. tariffs. India became the second central bank after the Reserve Bank of New Zealand to cut interest rates since the wide-ranging levies were announced.
India cenbank cuts rates, changes stance to ‘accommodative’ as US tariffs add to growth risks

1 month ago | wkzo.com | Swati Bhat |Sudipto Ganguly

By Swati Bhat and Sudipto GangulyMUMBAI (Reuters) -The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh U.S. tariffs. India became the second central bank after the Reserve Bank of New Zealand to cut interest rates since the wide-ranging levies were announced.