Most analysts see end of rate cuts for the year, a few differ
The recent dip in inflation was accentuated by demonetisation-led crimp in demand and seasonal downside pressures on food, most of which are temporary and will soon fade, the rating agency warned.
Aug 02, 2017, 23:12 PM IST
Rate cut to boost private investment, resolve debt overhang: Urjit Patel
RBI Deputy governor Viral B Acharya chipped in saying that addressing the twin balance sheets problem remains the RBI's top priority at the moment as this will help reinvigorate private investments.
Aug 02, 2017, 18:46 PM IST
RBI forms group to improve marginal cost of lending rate system
As per RBI guidelines, banks have to prepare MCLR which will be the internal benchmark lending rate. Based upon this MCLR, interest rates for different categories of customers are fixed in accordance with their degree of risk.
Aug 02, 2017, 18:39 PM IST
RBI proposes Rs 5,000 crore separate IRF investment window for FPIs
The limits prescribed for investment by FPIs in Government securities will then be exclusively available for acquiring such securities, it said, adding, FPI's access to interest rate futures for hedging purposes will continue as before.
Aug 02, 2017, 18:33 PM IST
'RBI rate cut to boost housing sales this festive season'
The real estate sector is facing a multi-year slowdown, particularly residential segment. The sales have been hit further post demonetisation and NAREDCO President Parveen Jain said the cut was much awaited and will fuel demand.
Aug 02, 2017, 18:06 PM IST
Bank, realty, auto stocks decline after RBI policy action
Kotak Mahindra Bank slipped 1.39 percent, Indusind Bank (0.90 percent), SBI (0.37 percent), ICICI Bank (0.20 percent), Federal Bank (0.13 percent) and HDFC Bank (0.04 percent) on BSE.
Aug 02, 2017, 17:45 PM IST
Breaking: RBI cuts Repo Rate to 6% from 6.25%; Reverse Repo Rate to 5.75% from 6%
Reserve Bank of India (RBI) on Wednesday in its bi-monthly monetary policy decided to keep policy stance neutral but cut repo rate to 6% from 6.25% and slashed reverse repo rate to 5.75% from 6%.
Aug 02, 2017, 17:32 PM IST
Rate cut on expected lines, 'good move' for economy: Parekh
Parekh further said that he agrees with the RBI's view that the implementation of the Goods and Services Tax (GST) was fairly smooth.
Aug 02, 2017, 17:25 PM IST
States' farm loan waivers may result in fiscal slippages: RBI
India's largest state by population Uttar Pradesh, along with Punjab, Maharashtra, and Karnataka are among the states that have announced loan waivers for farmers.
Aug 02, 2017, 17:10 PM IST
RBI aims to keep retail inflation near 4% on 'durable basis'
The RBI's Monetary Policy Committee (MPC) on Wednesday decided to reduce the repo rate -- at which it lends to banks -- by 0.25 percent to 6 percent.
Aug 02, 2017, 16:40 PM IST
RBI comfortable with repo rate vs CPI target rate: Deputy Governor
The difference now stands at 2 percent, after the RBI cut the repo rate by 25 basis points to 6 percent, above the central bank`s inflation target of 4 percent.
Aug 02, 2017, 16:20 PM IST
RBI rate cut important step for sustained growth: Finance Ministry
The government has taken note of the statement of the Monetary Policy Committee (MPC) and its assessment of the inflation and growth outlook, he added.
Aug 02, 2017, 16:13 PM IST
RBI becomes first central bank in Asia to cut rates this year
The most liquid 10-year bonds initially fell after the decision, but then rebounded to trade flat for the day, with the yield at 6.45 percent, up 1 bps from its Tuesday close.
Aug 02, 2017, 16:02 PM IST
Subdued inflation prompts RBI to reduce key lending rates
The decision to maintain the repo rate was taken by the six-member Monetary Policy Committee (MPC) headed by Patel. Four members of the panel voted in favour of reducing the key lending rate.
Aug 02, 2017, 15:34 PM IST
RBI Monetary Policy Review: Here are the key highlights
Here are the key highlights of the third Bi-monthly Monetary Policy Statement issued by RBI.
Aug 02, 2017, 15:21 PM IST
Expert views: RBI cuts repo rate to more than 6-1/2 year low
Four members of the monetary policy committee voted to cut rates by 25 bps, while one voted for a 50 bps cut and one voted for leaving rates unchanged.
Aug 02, 2017, 15:05 PM IST
Expert views: RBI cuts repo rate to more than 6-1/2 year low
Four members of the monetary policy committee voted to cut rates by 25 bps, while one voted for a 50 bps cut and one voted for leaving rates unchanged.
Aug 02, 2017, 15:05 PM IST
Low CPI inflation makes analysts confident of a cut in rates
Analysts on Tuesday grew more confident of a rate cut by Reserve Bank at the August review, after the headline inflation dipped to a decade low of 2.18 percent for May.
Jun 13, 2017, 19:34 PM IST
Cooling food inflation to pull June CPI to sub-2%: BofAML
Falling food inflation is expected to pull June CPI inflation to the sub-2 percent level and may prompt the Reserve Bank to go in for a 25 bps rate cut in its policy review in August, says a report.
Jun 13, 2017, 16:22 PM IST
RBI minutes suggest next move will be a hike: Nomura
The minutes of the RBI's April 6 policy meeting suggest that the next move of the Central bank will likely be a hike in key policy rates, says a report.
Apr 21, 2017, 12:37 PM IST
