interest rate

RBI monetary policy review: Change in interest rates unlikely

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged at its first bi-monthly monetary policy review of this fiscal due on Thursday.

Apr 05, 2017, 13:46 PM IST

Fed raises rates as job gains, firming inflation stoke confidence

The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank`s target.

Mar 16, 2017, 00:01 AM 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 policy, IIP, Q3 data major deciders of market this week

Reserve Bank's monetary policy review meet this week, key macro data and corporate quarterly earnings will size up the market this week, say experts.

Feb 05, 2017, 15:45 PM IST

Loans cheapest in 6 years: HDFC, Bank of India cut lending rates by up to 0.9%, Indiabulls follows suit

  Housing, auto and corporate loans are all set to become cheaper with several PSU and private banks steeply reducing benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.

Jan 03, 2017, 19:11 PM IST

Jharkhand slashes housing loan interest rate for MLAs

The ruling Bharatiya Janata Party in Jharkhand has shown generosity towards legislators by slashing interest rate on housing loan to a mere four percent.

Dec 15, 2016, 15:35 PM 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 likely to cut rate by 0.25% in policy review on Wednesday

Reserve Bank Governor Urjit Patel is expected to again go in for a 0.25 percent interest rate cut at its next policy review on Wednesday, with an aim to cushion the impact of demonetisation, a majority bankers feel.

Dec 04, 2016, 17:47 PM IST

Demonetisation: RBI likely to cut interest rates by up to 0.5%

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Nov 21, 2016, 10:06 AM IST

Govt notifies MPC; to decide interest rates in October 4 policy

The MPC, in which three members are from the RBI and three others from the government, will target to keep inflation at 4 percent with an upper and lower tolerance level of 2 percent.

Sep 29, 2016, 19:30 PM IST

Fed keeps rates steady, signals one hike by end of year

The U.S. Federal Reserve left interest rates unchanged on Wednesday but strongly signalled it could still tighten monetary policy by the end of this year as the labour market improved further. 

Sep 22, 2016, 00:18 AM IST

Rate cut possible only if inflation eases: Raghuram Rajan

Retail inflation shot up to nearly 2-year high of 6.07 percent, while the one based on wholesale prices soared to a 23-month high of 3.55 percent in July.

Aug 29, 2016, 18:34 PM IST

Axis Bank cuts lending rate by 0.05%, EMIs to be lower

Private sector lender Axis Bank Wednesday cut lending rate by 0.05 percent, a move which will lower EMIs for its new borrowers.

Aug 17, 2016, 21:03 PM IST

Global Economy Weekahead: Global monetary taps still open wide, Fed minutes in focus

The glue binding a still-aggressive global monetary policy response to a struggling world economy and almost daily record highs for world stock markets along with record low bond yields is set to remain intact in the coming week. 

Aug 12, 2016, 20:05 PM IST

Bank of England surprises markets by keeping rates on hold, signals August move

The Bank of England kept interest rates unchanged on Thursday, wrong-footing many investors who had expected the first cut in more than seven years as Britain`s economy reels from last month`s Brexit vote.

Jul 14, 2016, 17:36 PM IST

High retail inflation diminishes rate cut hopes

Soaring food prices drove India`s headline inflation to its highest level in nearly two years in June, increasing the odds of the central bank keeping interest rates on hold next month.

 

Jul 12, 2016, 19:06 PM IST

RBI to cut policy rate by 0.25% on Aug 9: BofA-ML

Reserve Bank is expected to cut policy rate by 25 basis points in August meet as inflation at around 6 percent remains in the "benign" zone and forecast of good monsoon is also expected to help, says a BofA-ML report.

Jun 15, 2016, 19:36 PM IST

Raghuram Rajan rejects call for cut, leaves rates unchanged; hints at reduction later this year

The key policy rate, repo, was left unchanged at 6.50 percent and the cash reserve ratio at 4 percent, with RBI citing the uncertainties on account of the surge in inflationary pressure and reversal in commodity prices.

Jun 07, 2016, 22:01 PM IST

Rate cut would have helped restore investment cycle: Industry

Disappointed with the RBI's decision to leave policy rates unchanged, India Inc Tuesday said a rate cut would have helped restore the investment cycle as the industry continues to battle a slump in demand.

Jun 07, 2016, 21:19 PM IST