More rate cut by RBI unlikely this fiscal: Ind-Ra
Since January 2015, RBI has cut key policy rates by a cumulative 1.25 percentage points (125 basis points).
Dec 15, 2015, 22:58 PM IST
RBI may hold rates in 2016 on inflationary risks: Nomura
The Reserve Bank is likely to keep repo rate unchanged in 2016 as CPI inflation may remain above its target of 5 percent by March 2017, says a report.
Dec 08, 2015, 18:22 PM IST
New guidelines to calculate base rate this week: Rajan
After goading banks, without much success, to pass on full benefits of policy rate cuts to borrowers, Governor Raghuram Rajan Tuesday said the Reserve Bank will this week issue guidelines to determine base rates on a new methodology based on the marginal cost of funds.
Dec 01, 2015, 23:54 PM IST
CREDAI pitches for 0.50% interest rate cut to boost growth
Realtors' body CREDAI Tuesday said RBI should cut key interest rate by 50 basis points to boost housing demand as well as growth of the realty sector.
Dec 01, 2015, 23:25 PM IST
Bankers hint at lowering rates after Raghuram Rajan's push
"As the impact of monetary policy measures taken so far plays out in terms of bank funding costs, lending rates are expected to continue to moderate," Chanda Kochhar, MD and chief executive of ICICI Bank, said in a statement.
Dec 01, 2015, 23:01 PM IST
Indian economy truly in recovery mode, more easing ahead: Rajan
The economy is "truly" in a recovery mode and RBI will continue with its accommodative policy to boost growth within the space available under government's inflation target, Governor Raghuram Rajan said Tuesday even as he declined to take credit for the uptick.
Dec 01, 2015, 20:56 PM IST
RBI monetary policy: Raghuram Rajan retains key rates, nudges banks to pass on earlier cuts
Raghuram Rajan said there is more room for rate cut by banks as the lenders on an average have only passed less than half of the 1.25 percent reduction announced so far during 2015.
Dec 01, 2015, 19:42 PM IST
RBI likely to hold rates on Tuesdsay, wait for Budget: Experts
Cautious ahead of the US Fed meeting, RBI is likely to keep its monetary policy steady Tuesday amid lingering concerns over inflation, after having already cut the repo rate by a sharper 50 basis points at its last meet.
Nov 30, 2015, 16:03 PM IST
India's economic growth seen picking up, RBI may hold rates steady
Asia`s third-largest economy likely expanded 7.3 percent in the second quarter of the current financial year 2015/16 that ends in March, compared with 7 percent in April-June, according to analysts polled by Reuters.
Nov 30, 2015, 08:55 AM IST
Experts bet on RBI to hold rates steady on Tuesday
"I think Rajan will wait for the Fed move. He will not change the rates," UCO Bank Managing Director and Chief Executive R K Takkar said.
Nov 29, 2015, 12:33 PM IST
RBI to cut rates in H2 again on falling inflation: UBS
Even as the price indices have moved up in recent months, Swiss brokerage UBS expects the same to fall during the second half and expects RBI to cut the repo rate again by 25 basis points in this fiscal and 50 basis points next year.
Nov 17, 2015, 22:42 PM IST
RBI Governor Raghuram Rajan went with majority view for rate cut
Reserve Bank Governor Raghuram Rajan went with the majority view of external members on the Technical Advisory Committee (TAC) on the policy rate to announce the rate cut.
Oct 21, 2015, 21:46 PM IST
India rate cut tempts shoppers to buy new cars, major appliances
India kicks off its two-month religious festive period on Monday, a time considered auspicious to buy big-ticket items such as cars, and when promotions abound.
Oct 14, 2015, 13:34 PM IST
Banks using RBI rate cuts to their advantage: Ind-Ra
Since January 2015, the RBI has cut policy rates by a cumulative 125 basis points (bps), while banks have cut one-year deposit rates by an average 130 bps and lending by 50 bps, which includes the base rate cuts in the last one week.
Oct 06, 2015, 17:36 PM IST
State lenders PNB, BoB, OBC cut base rate by up to 0.40%
State-run lenders Punjab National Bank, Bank of Baroda and Oriental Bank of Commerce have trimmed their base or minimum lending rates by up to 0.40 percent in response to RBI's policy rate cut.
Sep 30, 2015, 18:32 PM IST
Rate easing and rupee buoy markets; Sensex gains 376 points
A day after a massive easing of key lending rates by the Reserve Bank of India (RBI), a barometer of the Indian equity markets provisionally closed with gains of 376 points or 1.46 percent on Wednesday.
Sep 30, 2015, 15:57 PM IST
Axis Bank cuts base rate by 0.35% to 9.50%
Axis Bank, country's third largest private sector lender, Wednesday followed others in the system by cutting its base rate or the minimum rate of lending by 0.35 percent to 9.50 percent.
Sep 30, 2015, 15:40 PM IST
RBI's Monetary Policy statement 2015-16: Experts reaction
The following are some of the reactions from industry officials to the fourth bi-monthly Monetary Policy statement 2015-16, made by Reserve Bank of India Governor Raghuram Rajan on Tuesday:
Passing RBI rate cut to borrowers may take 1 or 2 quarters: Official
Passing the Reserve Bank of India`s 50 basis point rate cut by commercial banks to their borrowers may take around one or two quarters, a top official of City Union Bank said on Tuesday.
Sep 29, 2015, 18:37 PM IST
