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
RBI cuts key rate by 0.25%; to lower home, auto EMIs
In line with record low retail inflation, the RBI Governor headed Monetary Policy Committee (MPC) cut policy repo rate by 25 basis points to 6 percent and the reverse repo by similar proportion to 5.75 percent.
Aug 02, 2017, 14:52 PM IST
No change in interest rates in RBI's credit policy
No change in interest rates in RBI's credit policy. Watch the full segment for more details.
Apr 07, 2017, 00:24 AM IST
Discussion : Flop Show of RBI after new credit policy
RBI's credit policy has made no changes in EMI and disappointed common people. Watch this special segment and get to know more here.
Dec 08, 2016, 11:52 AM IST
First RBI monetary policy review after demonetisation: Urjit Patel brings no respite to borrowers; keeps interest rates unchanged
Urjit Patel-led 6-member Monetary Policy Committee, which had in its first policy review cut interest rate by 0.25 percent in October, belied expectations to keep benchmark repo rate unchanged at 6.25 percent unanimously.
Dec 07, 2016, 14:18 PM IST
RBI Monetary Policy: Raghuram Rajan leaves rates unchanged; warns of inflation risks
Citing upside risks to the Reserve Bank's inflation target for March 2017, Governor Raghuram Rajan on Tuesday maintained status quo on key rates at his last policy review meeting, as was widely expected, but underlined that the central bank continues to be accommodative.
Aug 09, 2016, 12:16 PM IST
Won't allow foreign deposit redemptions to disrupt market: Rajan
Allaying fears of market disruption in view of USD 20 billion worth of redemptions in foreign deposit accounts in the coming months, the Reserve Bank on Tuesday said it will continue with domestic liquidity operations and foreign exchange interventions to ensure smooth repayments.
Aug 09, 2016, 12:10 PM IST
RBI 3rd bi-monthly monetary policy: Read full text
Read the full text of RBI's third bi-monthly policy statement for the year 2016-17.
Aug 09, 2016, 12:01 PM IST
RBI third bi-monthly monetary policy: Key highlights
Check out the key highlights of RBI's third bi-monthly monetary policy statement, 2016-17.
Aug 09, 2016, 11:52 AM IST
Raghuram Rajan's last policy review: No respite for home, auto borrowers; RBI keeps rates unchanged
Citing upside risks to the Reserve Bank's inflation target for March 2017, Governor Raghuram Rajan maintained status quo on key rates at his last policy review meeting, as was widely expected.
Aug 09, 2016, 10:59 AM IST
'RBI may slash interest rates in August on easing inflationary pressure'
The Reserve Bank is likely to cut key rates by 25 basis points or 0.25 percent in its policy review meeting on August 9, largely owing to benign inflation, low IIP growth and good monsoon forecast, a report says.
Apr 18, 2016, 13:30 PM IST
Transmission of recent rate cut to be more effective: Mundra
A day after the Reserve Bank cut policy rate by 0.25 percent, Deputy Governor S S Mundra today expressed hope that transmission of lower interest rate through banks will be more effective this time.
Apr 06, 2016, 14:22 PM IST
RBI credit policy review: Raghuram Rajan surprises with hike in reverse repo rate
But in a surprise move, the RBI also raised the reverse repo - or the rates lenders charge to the central bank - by 25 basis points to 6.0 percent, while taking measures to ensure more availability of cash in the banking system.
Apr 05, 2016, 11:36 AM IST
No respite to home, auto loan borrowers; RBI keeps interest rate unchanged
The EMIs on home and auto loans are unlikely to come down in the near term as the Reserve Bank on Tuesday kept the Repo rate unchanged at 6.75% in the sixth bi-monthly policy announced on Tuesday.
Feb 02, 2016, 11:08 AM IST
