Banks may get nod to use gold deposits for meeting CRR, SLR
The government is considering allowing banks to utilise gold mobilised under the monetisation scheme for meeting mandatory liquidity requirements set by the Reserve Bank.
May 19, 2015, 19:20 PM IST
Rajan takes on SBI, says no relevance between CRR and cheaper loans
RBI Governor Raghuram Rajan Tuesday dismissed the demand made by SBI for a reduction in cash reserve ratio (CRR) prior to the policy, as "irrelevant", saying there is no correlation between lower CRR and cheaper loans.
Apr 07, 2015, 19:36 PM IST
RBI credit policy: Key Highlights
Highlights of RBI's first bi-monthly monetary policy statement, 2015-16.
Apr 07, 2015, 12:03 PM IST
RBI credit policy: Rajan offers no respite to borrowers, keeps interest rates unchanged
Reserve Bank Governor Raghuram Rajan on Tuesday kept policy rate unchanged awaiting clarity on impact of unseasonal rains on food inflation even as he wanted banks to pass on benefits of previous two rate cuts.
Apr 07, 2015, 11:56 AM IST
No EMI relief for borrowers as RBI keeps interest rates unchanged
Reserve Bank on Tuesday left interest rate unchanged in its annual monetary policy due to increased food prices after unseasonable rains in various parts of the country.
Apr 07, 2015, 08:38 AM IST
RBI may go for CRR cut prior April 7: SBI
The Reserve Bank of India is expected to go for a cut in the CRR as a "prelude" to the monetary policy review meet scheduled to be held on April 7, according to an SBI report.
Mar 18, 2015, 19:20 PM IST
Further rate cuts of up to 0.75% expected in 2015: Experts
Keki Mistry, Vice Chairman and CEO of housing finance major HDFC Ltd, said that RBI may cut the rates further by 50 basis points in 2015.
Mar 04, 2015, 12:49 PM IST
Rate cut great booster for economy: India Inc
Cheering the surprise rate cut by RBI, India Inc on Wednesday said the move sends a positive signal to investors and will help boost growth by lowering the cost of capital.
Mar 04, 2015, 11:34 AM IST
RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down
In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.
Mar 04, 2015, 11:12 AM IST
RBI surprises with 0.25% repo rate cut; loans to get cheaper
The central bank has slashed the repo rate by 25 basis points to 7.50 percent from 7.75 percent.The move comes days after Finance Minister Arun Jaitley unveiled the Union Budget 2015-16 in Parliament.
Mar 04, 2015, 09:07 AM IST
RBI keeps rate unchanged; hopes banks will cut lending rates
Awaiting cues from the Budget, RBI Governor Raghuram Rajan left interest rate unchanged saying there was no case for a reduction now.
Feb 03, 2015, 22:41 PM IST
RBI keeps rate unchanged, disappoints markets, industry
Disappointing markets and the industry, RBI Governor Raghuram Rajan on Tuesday left interest rate unchanged, saying there are no developments to warrant further easing since the unscheduled rate cut about a fortnight ago.
Feb 03, 2015, 12:21 PM IST
RBI's monetary policy review: Key highlights
Highlights of RBI's bi-monthly monetary policy statement.
Feb 03, 2015, 12:16 PM IST
RBI looking for disinflationary process, Budget: Rajan
Talking to media after unveiling its bi-monthly monetary policy review, he said that the further actions will be driven by data.
Feb 03, 2015, 11:29 AM IST
RBI keeps interest rate unchanged, EMIs on loans to remain same
The Reserve Bank of India (RBI) on Tuesday kept the short-term indicative policy rate (repo rate) unchanged at 7.75 percent at its sixth bi-monthly monetary policy review.
Feb 03, 2015, 11:01 AM IST
RBI rate cut will boost housing demand: Realty developers
Encouraged by softening inflation, the RBI today decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
Jan 15, 2015, 13:56 PM IST
RBI cuts interest rate by 0.25% to 7.75%
The decision to reduce repo rate comes a fortnight ahead of the scheduled date of monetary policy announcement on February 3.
Jan 15, 2015, 10:48 AM IST
RBI slashes repo rate by 0.25%, CRR remains unchanged
The Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis point from 8 percent to 7.75 percent with immediate effect.
Jan 15, 2015, 08:52 AM IST
RBI against broad-basing CRR to include forex, gold
The RBI is against broad-basing CRR, the portion of total bank deposits kept with the Reserve Bank, to include forex and gold reserves as it would entail an additional burden on the lenders.
Jan 13, 2015, 15:38 PM IST
PNB revises interest rates on FDs by up to 2%
State-owned Punjab National Bank on Friday realigned interest rates on fixed deposits of Rs 1 crore-Rs 10 crore by up to 2 percent.
Oct 10, 2014, 19:30 PM IST
