Covid-19 fires a fresh salvo on the consumer confidence, reveals July RBI survey; Yes! we should be worried

Posted: August 27, 2020 at 6:10 am | Author: Manish Marwah

Consumer confidence in the market with India

The Reserve Bank of India (RBI) has released its July 2020 Consumer Confidence Survey (CCS) which points to the further dipping of consumer confidence and the Current Situation Index recording to an all-time low. The report was released on the occasion of its bimonthly monetary policy announcement. The survey is based on five variables viz. […]

Central Bank increases Loan to Value ratio, Gold gets more power, Banks emerge winner

Posted: August 10, 2020 at 4:55 pm | Author: Manish Marwah

Central Reserve Bank Gold Loan and Banking Policy

The Reserve Bank of India’s (RBI) decision to increase the loan-to-value ratio (LTV) for banks from an earlier 75 per cent to 90, is a music to the ears of many, especially those who have  a good exposure to gold and gold related investments. The decision was made by the RBI Governor Shaktikanta Das led […]