RBI to stay on hold even after disappointing GDP data: Nomura
From the RBI's perspective, the GDP data are disappointing, but the current slowdown is largely due to GST, which should be seen as transitory, Japanese financial services major said, adding the cash-intensive sectors like trade, transportation and construction are rebounding.
Sep 04, 2017, 18:01 PM IST
'RBI still has room to slash key rate in current fiscal'
The Reserve Bank still has room to cut the key policy rate in the current fiscal, veteran banker Naina Lal Kidwai has said, while stressing that banks should pass on the benefits of lower rates to customers.
Aug 17, 2017, 16:01 PM IST
Genuine case for India's ratings upgrade: Report
According to Deutsche Bank research report, India was among the 'fragile five' economies in 2013, but a lot has changed since then.
Aug 11, 2017, 14:02 PM IST
Falling FD rates: Invest in these financial instruments to get attractive returns
In the present scenario, where interest rates are following a downward slope, investors dependent on income from traditional financial instruments such as fixed deposits (FDs) don't have much to cheer about.
Aug 10, 2017, 19:02 PM IST
BOJ pushes back inflation target for sixth time, keeps policy steady
The Bank of Japan kept monetary policy steady on Thursday but once again pushed back the timing for achieving its ambitious inflation target, reinforcing views that it will lag well behind other major central banks in scaling back its massive stimulus programme.
Jul 20, 2017, 13:44 PM IST
Truth or Myth: 'Payments made by credit card to attract double GST' - reality check!
One of the latest rumours doing rounds is on messaging app WhatsApp. It says that GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards.
Jul 04, 2017, 17:58 PM IST
Lower interest rate won't necessarily boost growth: Reddy
A cut in interest rates will not necessarily increase liquidity and growth, former RBI governor Y V Reddy said on Thursday amid rising tension between the central bank and the government after the former left key policy rate unchanged.
Jun 08, 2017, 21:08 PM IST
RBI Monetary Policy Review: No change in interest rates, SLR cut by 0.5%; GDP projection lowered to 7.3%
RBI Governor Urjit Patel- led Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.25 percent.
Jun 07, 2017, 13:34 PM IST
RBI Monetary Policy to be announced today; Urjit Patel may opt for status quo on rates
With the Reserve Bank of India announcing its second bi-monthly monetary policy review on Wednesday, economists expect that there would be no change to interest rates.
Jun 07, 2017, 08:55 AM IST
RBI monetary policy review: MPC meeting begins; home, auto loans may not get cheaper
The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its 2-day meeting on Tuesday amid experts saying that the central bank is likely to hold key rates even as the government is making a case for a lower interest regime citing low inflation.
Jun 06, 2017, 15:36 PM IST
PNB revises down MCLR by 0.10-0.15% from today
Public lender Punjab National Bank has revised down marginal cost based lending rates by 0.10- 0.15 per cent for various maturities effective Monday.
May 01, 2017, 16:42 PM IST
ECB guidance change could lead to undue market turbulence: minutes
The euro zone economy may be improving, but a change in the European Central Bank`s policy guidance could backfire.
Apr 06, 2017, 17:42 PM IST
Gold inches up ahead of US Fed rate rise clues
Gold prices edged up on Wednesday as the market waited for more clues on how many times the U.S. Federal Reserve will raise interest rates this year and on uncertainty over the outcome of Dutch elections.
Mar 15, 2017, 18:37 PM IST
RBI monetary policy: Interest rates to stay on hold throughout 2017, says Nomura
India's rate cutting cycle has come to an end and policy rates are likely to be on hold throughout 2017 as inflation is expected to stay above the Reserve Bank's target, says a Nomura report.
Feb 23, 2017, 13:31 PM IST
RBI to be on hold unless inflation, growth undershoot targets
The Reserve Bank is expected to hold rates steady over the "foreseeable future", unless inflation and growth undershoot targets sharply, says an HSBC report.
Feb 09, 2017, 13:02 PM IST
Note ban: Cash withdrawal limit to be Rs 50,000 a week from February 20, no cap from March 13
The RBI said that weekly withdrawal limit for savings accounts will be increased from Rs 24,000 to Rs 50,000 from February 20 while there will be no limit on withdrawal from March 13.
Feb 08, 2017, 14:11 PM IST
RBI monetary policy review today; 0.25% rate cut expected
Other factors which will guide the RBI towards lowering the rates include Finance Minister Arun Jaitley cutting the fiscal deficit to 3.2 percent for next year and the dovish stance adopted by the US Fed.
Feb 08, 2017, 08:38 AM IST
RBI expected to cut interest rates on Wednesday
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Feb 07, 2017, 22:51 PM IST
RBI monetary policy: MPC begins review meet amid rate cut hopes
The rate-setting Monetary Policy Committee (MPC) on Tuesday began its third review meeting amid mixed expectations of possible rate cut by the Reserve Bank.
Feb 07, 2017, 17:40 PM IST
Sensex rises 199 points to hit 4-month high on RBI rate cut hopes
The Sensex on Monday rose by 199 points to hit a four-month high on hopes that the Reserve Bank of India would cut rate on Wednesday's policy meet.
Feb 06, 2017, 17:22 PM IST
