RBI faces a tough choice on rate front on Tuesday
With retail inflation showing no signs of abating, RBI faces tough choice on cutting rate second time this fiscal to meet government and industry expectations of lowering cost of borrowing to boost growth.
Aug 02, 2015, 11:10 AM IST
RBI to hold rates on Aug 4, some see cut by year-end: Poll
A majority of economists also said the tone of this month`s central bank policy statement would be unchanged from June`s.
Jul 30, 2015, 11:59 AM IST
RBI to keep key rate unchanged on August 4: DBS
Reserve Bank of India is likely to keep the benchmark repo rate unchanged at 7.25 percent in its policy review meet next week, a DBS report says.
Jul 28, 2015, 14:27 PM IST
Govt spending to help boost credit growth: HDFC Bank
HDFC Bank on Tuesday said the recent rate cuts by the Reserve Bank coupled with the government's efforts to kickstart infrastructure investments, will help drive the sagging credit growth in the industry.
Jul 21, 2015, 19:35 PM IST
Rains key to August 4 RBI rate cut: BofA-ML
"We worry about the dry spell since late June as the bulk of the cropping takes place in July and August," BofA-ML said adding that "rains have slipped to 92 per cent of normal from 116 per cent in June".
Jul 20, 2015, 15:28 PM IST
Low inflation offers scope of RBI rate cut to boost growth: SBI
"With ebbing inflationary pressures there may be further scope for monetary stimulus to pump up domestic demand," SBI Chairperson Arundhati Bhattacharya said.
Jul 05, 2015, 15:12 PM IST
BofA-ML links 0.25% RBI rate cut on Aug 4 to normal rains
According to the global financial services firm, 'agflation' is in check and the June CPI inflation is likely to stay soft at 5.2 percent.
Jun 29, 2015, 16:40 PM IST
Axis Bank queues up, cuts base rate by 10 bps to 9.85%
A day after its bigger rival ICICI Bank cut its lending rate, the third-largest private lender, Axis Bank, Friday lowered its base rate by 0.10 percent to 9.85 percent, effective June 30.
Jun 26, 2015, 18:10 PM IST
Rate cuts, structural reforms, infra push aiding growth: Sinha
The 75 basis points rate cut by the Reserve Bank since January will help boost growth along with structural reforms and thrust on infrastructure investments by the government, Union Minister of State for Finance Jayant Sinha said Thursday.
Jun 25, 2015, 21:48 PM IST
Monsoon, inflation management can help RBI cut more: SBI chief
On waiving processing fees if a customer shifts his home loan to SBI, Bhattacharya said the bank is trying to increase its market share through the offer.
Jun 13, 2015, 23:12 PM IST
Greater rate cuts by banks in offing: FM Jaitley
An assurance to this effect was given by the bank chiefs at a meeting where their financial performance and other parameters, including transmission of the RBI rate cuts, were reviewed, Jaitley told reporters after the meeting.
Jun 12, 2015, 16:51 PM IST
PNB cuts fixed deposit rate by 0.25% on select maturities
The reduction will be effective from June 8, PNB said in a statement.
Jun 03, 2015, 14:49 PM IST
Nifty falls over 2% post RBI policy review
The benchmark CNX Nifty slumped below 8,250-level today, following across the board sell-off, reacting to the RBI's cautious comments on economy even as it cut the key prime lending rate by 0.25 percent.
Jun 02, 2015, 20:47 PM IST
Future rate cuts depend on monsoon, crude prices: Rajan
Reserve Bank Governor Raghuram Rajan Tuesday said the future trajectory of the monetary policy will depend on monsoon, the way the government manages shocks, if any, emanating from it and crude prices.
Jun 02, 2015, 20:32 PM IST
Interest rate sensitive stocks dip post RBI policy
Interest-rate sensitive realty, banking and auto stocks witnessed heavy selling pressure Tuesday, falling up to 8 percent, after the RBI hinted that there may not be any more cuts in the near-term.
Jun 02, 2015, 19:18 PM IST
We are not here to kill the economy: Rahuram Rajan
Rejecting suggestions that RBI's rate cut Tuesday was to please the government, Governor Raghuram Rajan said there was a mis-impression that the Reserve Bank wanted to keep rates high to look "strong and firm".
Jun 02, 2015, 17:56 PM IST
Rate cut to spur housing demand: Realty firms
They sought further cut in interest rates as well as policy reforms for the growth of realty sector, which is facing a huge demand slowdown in last few years.
Jun 02, 2015, 17:33 PM IST
RBI's 0.25% rate cut not enough to propel growth: India Inc
Welcoming the 0.25 percent rate cut by RBI, India Inc on Tuesday said it is still not enough to spur demand and propel industrial growth.
Jun 02, 2015, 16:24 PM IST
RBI rate cut: Auto companies happy, look to banks to pass on benefit
Auto industry welcomed RBI's move to cut key interest rate by 0.25 percentage.
Jun 02, 2015, 15:51 PM IST
RBI cuts repo rate by 0.25% to 7.25%; home, auto loans to become cheaper
EMIs on home and auto loans will come down with SBI and other banks cutting lending rates within hours of RBI Tuesday slashing policy rate by 0.25 percent for the third time this year.
Jun 02, 2015, 14:01 PM IST
