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Policy● Neutral for Indian equities
Gandhi Jayanti 2026: Are Banks Open Or Closed Tomorrow On October 2? Check RBI Holiday
The brief
- Banks across India will remain closed on October 2 for Gandhi Jayanti 2026
- India's RBI FX swaps create opening for firms to tap dollar funding at lower cost
- India's $133 billion cash deluge puts RBI on a more hawkish policy path
- A weak rupee would push RBI to follow tightening path
- Sebi, RBI join hands to make onboarding easier for FPIs
- RBI MPC meet: Why your borrowing costs may go up from October