Nifty, Sensex fall as investors feel RBI's steps will take time to implement [Reuters]
Infosys Limited American Depositary Shares (INFY)
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Source: Reuters
Nifty, Sensex fall as investors feel RBI's steps will take time to implement | Reuters 3 Min Read (Reuters) - Indian shares fell on Tuesday in line with weakness in broader Asia and after the outcome of the central bank board’s meet to boost lending failed to impress investors, amid expectations the implementation of the proposed measures will take time. In its first meeting since the extent of a deep rift between the central bank and the government became public, the Reserve Bank of India (RBI) said on Monday its board would support small businesses and give banks more time to step up capital norms. It has also decided to form an expert committee to look into whether RBI reserves are adequate. The Narendra Modi-led government is concerned that low crop prices and difficulties small businesses face in borrowing may dent its prospects in numerous state elections over coming weeks, and a nationwide election due by May next year. “Market had built up that the meeting will go smoothly. Bu
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INFY
Earnings
- 1/12/24 - Beat
INFY
Sec Filings
- 4/2/24 - Form 6-K
- 2/22/24 - Form 6-K
- 1/22/24 - Form 6-K
- INFY's page on the SEC website