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Finance & Markets

JPMorgan's Sajjid Chinoy Expects RBI To Hike Rates In October 5 Meeting

Sajjid Chinoy, chief India economist for JPMorgan Chase & Co expects the RBI to take an appropriately cautious or hawkish tone to signal to markets that more maybe in the pipeline. He said this in an conversation with Bloomberg Television's Paul Allen. (Source: Bloomberg)

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Innovative Co-operative Urban Bank Limited, New Delhi – Extension of Period

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Innovative Co-operative Urban Bank Limited, New Delhi vide Directive No.

  • Reserve Bank of India extends directive for Innovative Co-operative Urban Bank Limited.
  • Extension period from June 29, 2026 to January 4, 2027.
  • RBI extends for public interest, not financial satisfaction.

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