Barclays Research has upgraded its outlook on Coinbase (COIN) and Robinhood (HOOD), citing improvements in their business models and financial standing.
According to anticipations of the investment banking firm Barclays Capital, it is likely that the impending annual credit policy of the Reserve Bank of India (RBI) may result in the slashing of the key rates by up to 50 basis points. An almost similar opinion has been expressed by the HDFC Bank, which, however, said that it projects a 25-basis-points cut in RBI's policy rates.