Decision to keep repo rate unchanged will improve financial system: Arundhati Bhattacharya
The RBI policy to keep the repo rate on hold was on expected lines, even though the reverse repo rate was hiked to six percent.
Apr 06, 2017, 18:37 PM IST
All finance ministers have perpetual desire for lower rate: FM
Finance Minister Arun Jaitley today said that he expected the RBI to cut interest rate but respect its decision to hold status quo.
Feb 11, 2017, 15:55 PM IST
RBI Governor nudges banks to reduce lending rates
RBI Governor Urjit Patel today exhorted banks to reduce their lending rates to push credit demand in laggard segments, saying banks have benefited from influx of low-cost deposits and its previous repo rate cuts.
Feb 11, 2017, 15:24 PM IST
RBI likely to maintain status quo on February 8
With banks flush with funds post demonetisation and surging oil prices likely to fuel inflation, the Reserve Bank may refrain from lowering benchmark interest rate at its policy review meet this week.
Feb 05, 2017, 16:05 PM IST
'RBI should cut rates by 0.75%; ensure banks pass on benefit'
The Reserve Bank should cut interest rate by 0.5-0.75 percent in view of dismal credit growth as well as subdued demand and, along with government, nudge banks to pass them on at a time when demonetisation has led to "windfall gains", an industry body said today.
Feb 05, 2017, 14:35 PM IST
RBI to go for 0.25% rate cut in 2017: Citigroup
The Reserve Bank of India is expected to go for only a 25 bps rate cut this year and the likelihood of an easing in April is more than in February, says a Citigroup report.
Jan 10, 2017, 14:16 PM IST
Large amount of black money has come into banking system, remonetisation progressing well: Arun Jaitley
Talking of the positive outcome of the demonetisation undertaken by government on November 8, 2016, Finance Minister Arun Jaitley said on Sunday that large amount of money, including black money, has come into the banking system.
Jan 01, 2017, 12:16 PM IST
Scope for further monetary easing on softer retail inflation: Fitch
Ahead of the monetary policy announcement by RBI, Fitch Ratings today said there is scope for monetary easing in India as retail inflation is holding below the 5 percent target.
Dec 06, 2016, 16:05 PM IST
RBI includes Bandhan Bank in second schedule list
Reserve Bank on Thursday said that newly launched Bandhan Bank has been included in the second schedule list, making it eligible for loans from the central bank at bank rate.
Nov 05, 2015, 22:26 PM IST
RBI may cut key rates in Sept review, says Deutsche Bank
The central bank has cut rates thrice by a cumulative 0.75 percent this year.
Aug 28, 2015, 17:15 PM IST
Home, auto loans to become cheaper as ICICI cuts base rate
Largest private sector lender ICICI Bank on Thursday marginally reduced its base rate to 9.70 percent from 9.75 percent earlier, making its lending rate at par with industry leader SBI and that of HDFC Bank.
Jun 25, 2015, 17:47 PM IST
Companies look at banks for funds as bonds become expensive
Bonds rates are expected to firm up further in anticipation that the US Federal Reserve will raise rates.
May 10, 2015, 14:14 PM IST
Banks will surely cut lending rates for borrowers: Sinha
A day after RBI cut the repo rate, the government today said banks will "slowly" but surely will reduce lending rates for borrowers.
Mar 05, 2015, 20:55 PM IST
