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RBI’s data-backed forward view should be able to reinforce confidence in entrepreneurs to stimulate economic activities

The central bank had slashed the repo rate by 115 basis points since late March before hitting a pause button in August

The Monetary Policy Committee decides to keep repo and reverse repo rates unchanged

Exchange data showed that foreign institutional investors bought equities worth Rs 978.37 crore on a net basis on Thursday.

Bank, which has been on the lookout for an investor and capital for long, was jolted on September 25 when its shareholders voted out seven directors of its board, including CEO S Sundar

The apex court's direction came after the Finance Ministry decided to grant relief to individual borrowers as well as medium and small industries by agreeing to waive compound interest.