Vittarth – National Institute of Bank Management (NIBM), Pune in collaboration with VittNivesh, brings to you the 18th issue of the weekly wrap-up. This weekly newsletter covers all the aspects of the economy, banking & financial markets. It also provides some insights into other important highlights of the week.
In the last week, we witnessed the 2nd monetary policy for this year to be announced by RBI Governor, where the policy rates remained unchanged, also the headline inflation is expected to remain elevated on account of market disruption. Mukesh Ambani sailing through the list of the world wealthiest is now 4th in that list by overtaking Europe’s wealthiest person. A tragic accident at Kozhikode Airport led to the death of 18 people including both the pilots. Vivo’s exit from title sponsorship of IPL 2020 due to escalating tensions between India & China.
Read on to know the biggest news of the past week.