RBI seen keeping rates on hold, while signalling readiness to act
India`s central bank is expected to keep its benchmark interest rate on hold at 7.50 percent at a policy review on Tuesday, while signalling that it could act swiftly to lower rates further if inflation stays within its target.
Apr 07, 2015, 08:46 AM IST
India Inc pitches for rate cut; RBI may not oblige
India Inc has pitched for rate cut to boost economic activities, but the Reserve Bank may not oblige in its annual policy Tuesday as unseasonal rain may adversely impact food inflation in the coming months.
Apr 06, 2015, 20:38 PM IST
Slim chance of RBI rate cut: Experts
Financial industry experts on Monday ruled out any relief from high interest rates in the upcoming monetary policy review by the apex bank scheduled for April 7.
Apr 06, 2015, 20:08 PM IST
Firming food prices may prompt RBI to maintain status quo
Indian Banks' Association Chairman T M Bhasin, who is also CMD of Indian Bank, said: "We are expecting a cut in CRR so that banks can reduce lending rate."
Apr 05, 2015, 13:13 PM IST
Vigilance needed on food inflation: RBI on unseasonal rains
RBI Governor Raghuram Rajan on Sunday said the government and the central bank need to be more vigilant about the food price situation against the backdrop of unseasonal rains damaging some crops.
Mar 22, 2015, 15:08 PM IST
RBI may go for CRR cut prior April 7: SBI
The Reserve Bank of India is expected to go for a cut in the CRR as a "prelude" to the monetary policy review meet scheduled to be held on April 7, according to an SBI report.
Mar 18, 2015, 19:20 PM IST
Rajan's rate cut decision shows division at top of RBI
Reserve Bank of India (RBI) Governor Raghuram Rajan`s decision to cut rates last week surprised even top officials, a rare sign of divisions that could become much more public as the bank overhauls its decision processes in a way that will clip his influence.
Mar 13, 2015, 17:48 PM IST
Bankers hint at lowering lending rates
After RBI's second surprise rate cut in as many months, bankers on Wednesday hinted at lowering lending rates, but stressed monetary policy gets transmitted with a lag.
Mar 04, 2015, 19:48 PM IST
Raghuram Rajan expects banks cutting rate from April
After cutting the repo rate by 0.25 percent in a surprise inter-meeting monetary policy, Reserve Bank Governor Raghuram Rajan on Wednesday said he sees banks passing on the benefit of lower rates regime to customers shortly.
Mar 04, 2015, 18:43 PM IST
RBI rate cut to lower EMI, boost growth: Jayant Sinha
Welcoming RBI's decision to cut policy rate by 0.25 percent, the Finance Ministry's top functionaries on Wednesday said it will bring down EMIs, increase demand and boost economic growth.
Mar 04, 2015, 14:12 PM IST
After rate cut, Govt pitches for rating upgrade
Soon after RBI announcing a much- awaited rate cut, Chief Economic Advisor Arvind Subramanian on Wednesday said that the global rating agencies should look at upgrading their stance on India's credit outlook.
Mar 04, 2015, 13:39 PM IST
RBI rate cut good for business, will boost demand: Revenue Secretary
RBI's decision to cut interest rate augurs well for business and will prompt people to go in for housing and consumer loans which will boost demand and growth, Revenue Secretary Shantikanta Das said Wednesday.
Mar 04, 2015, 13:34 PM IST
Further rate cuts of up to 0.75% expected in 2015: Experts
Keki Mistry, Vice Chairman and CEO of housing finance major HDFC Ltd, said that RBI may cut the rates further by 50 basis points in 2015.
Mar 04, 2015, 12:49 PM IST
Rate cut great booster for economy: India Inc
Cheering the surprise rate cut by RBI, India Inc on Wednesday said the move sends a positive signal to investors and will help boost growth by lowering the cost of capital.
Mar 04, 2015, 11:34 AM IST
Banks should pass on RBI rate cut benefits, say auto makers
"We are waiting and watching if the banks pass on the benefits of the rate cut to consumers. Earlier also when the RBI cut rates they didn't pass it on," Maruti Suzuki India Executive Director (Marketing & Sales) R S Kalsi told PTI.
Mar 04, 2015, 11:17 AM IST
RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down
In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.
Mar 04, 2015, 11:12 AM IST
Sensex breaches 30K-mark, Nifty above 9,100 on RBI rate cut
The 30-share index crossed the 30,000-mark by surging 431.01 points, or 1.45 per cent, to trade at an all-time high of 30,024.74.
Mar 04, 2015, 10:15 AM IST
RBI surprises with post-budget rate cut
The cut comes just days after the government and the Reserve Bank of India agreed to formally adopt inflation targeting, though the central bank introduced its own targets a year ago.
Mar 04, 2015, 09:50 AM IST
Sensex breaches 30K-mark, Nifty above 9,100 after RBI rate cut
The BSE Sensex surged 407.43 points or 1.4 percent at 30001.16, and the Nifty gained 112.90 points or 1 percent at 9109.15.
Mar 04, 2015, 09:32 AM IST
RBI surprises with 0.25% repo rate cut; loans to get cheaper
The central bank has slashed the repo rate by 25 basis points to 7.50 percent from 7.75 percent.The move comes days after Finance Minister Arun Jaitley unveiled the Union Budget 2015-16 in Parliament.
Mar 04, 2015, 09:07 AM IST
