Inflation down in February; raises hope for interest rate cut
Retail inflation eased in February as food prices rose at a slower pace, while Wholesale Price Index stayed in negative territory for the 16th month, raising expectations of interest rate cut by the Reserve Bank next month.
Mar 14, 2016, 21:17 PM IST
Happy about panel getting power to decide policy rate: Rajan
Reserve Bank Governor Raghuram Rajan today said he was happy about his powers to decide interest rates being shifted to a broader panel, saying the move was in the interest of the economy
Mar 12, 2016, 20:06 PM IST
ECB cuts key rates, beefs up asset purchase programme
The European Central Bank on Thursday cut key interest rates and said it would spend tens of billions more to kickstart the chronically weak eurozone economy, sparking a sharp rally in stock markets.
Mar 10, 2016, 18:48 PM IST
Ex-Guj CS Sudhir Mankad, TCS CEO appointed to RBI board
Former Chief Secretary of Gujarat Sudhir Mankad and two others were today appointed as non-official directors to the board of Reserve Bank of India (RBI)
Mar 04, 2016, 18:04 PM IST
Budget has offered room for monetary policy easing: Jayant Sinha
The Budget that aims to limit fiscal deficit to 3.5 per cent of GDP in 2016-17 has been able to provide room for easing of the key policy rate by the Reserve Bank, Minister of State for Finance Jayant Sinha today said.
Mar 03, 2016, 15:03 PM IST
Inter-meeting cut cannot be ruled out: Standard Chartered
The Reserve Bank of India (RBI) is likely to reduce the repo rate at its April 5 policy meeting, if not sooner, Standard Chartered said in a report while maintaining that an inter-meeting cut cannot be ruled out.
Mar 02, 2016, 14:34 PM IST
RBI may go for 0.25% rate cut: HSBC
The Reserve Bank is likely to continue with its accommodative stance and may go for a 25 basis points rate cut, an HSBC report says
Mar 01, 2016, 15:49 PM IST
India Inc reiterates rate cut demand as inflation remains -ve
With inflation remaining in the negative zone in January, India Inc has again pressed for a rate cut by the Reserve Bank, highlighting the need to revive demand and boost investments.
Feb 15, 2016, 19:06 PM IST
Disappointed, India Inc presses for rate cut, again
With RBI keeping the policy rate on hold, India Inc Tuesday said a rate cut is imperative to lower cost of funds for the industry and spur investments, crucial for sustaining high economic growth.
Feb 02, 2016, 19:10 PM IST
RBI likely to cut rate by 0.25% in April: Nomura
With inflation remaining under its 6 percent target and oil prices falling, the Reserve Bank is likely to go for a final interest rate cut of 25 basis points in April, financial services major Nomura said.
Jan 25, 2016, 21:35 PM IST
Experts bet on RBI to hold rates steady on Tuesday
"I think Rajan will wait for the Fed move. He will not change the rates," UCO Bank Managing Director and Chief Executive R K Takkar said.
Nov 29, 2015, 12:33 PM IST
RBI policy, GDP data to set tone for market this week
RBI monetary policy review on Tuesday, outcome of September quarter GDP data and developments related to GST Bill in the ongoing Winter Session of Parliament would drive the market sentiment this week, say experts.
Nov 29, 2015, 11:02 AM IST
'July-Sept GDP to grow 7.5%; 0.50% repo rate cut in H1 2016'
India is likely to clock a growth rate of 7.5 percent for the July-September quarter, while the Reserve Bank is expected to go for 50 basis points cut in interest rate in the first half of next year amid softer inflation, says a Barclays report.
Nov 22, 2015, 11:18 AM IST
Arun Jaitley to meet PSB heads Monday; NPAs, rate cut on agenda
The performance review meeting of public sector banks (PSBs) will also take stock of the credit flow to productive sectors to spur economy and review of 'Indradhanush', the seven-pronged strategy to revive PSBs, sources said.
Nov 22, 2015, 11:12 AM IST
RBI to cut rates in H2 again on falling inflation: UBS
Even as the price indices have moved up in recent months, Swiss brokerage UBS expects the same to fall during the second half and expects RBI to cut the repo rate again by 25 basis points in this fiscal and 50 basis points next year.
Nov 17, 2015, 22:42 PM IST
RBI Governor Raghuram Rajan went with majority view for rate cut
Reserve Bank Governor Raghuram Rajan went with the majority view of external members on the Technical Advisory Committee (TAC) on the policy rate to announce the rate cut.
Oct 21, 2015, 21:46 PM IST
Cut in small savings rate may lead to lower lending rates:RBI
The Reserve Bank Thursday said banks may cut their lending rates further with the lowering of interest rate on small savings schemes by the government.
Oct 15, 2015, 21:47 PM IST
Banks still have elbowroom to lower rates, says India Inc
As WPI inflation rate edged up to (-)4.54 percent in September, India Inc Wednesday said there is scope for banks to slash interest rates further and the green shoots of economic recovery are "visible".
Oct 14, 2015, 17:47 PM IST
Union Bank reduces base rate by 0.35% to 9.65%
State-run Union Bank of India on Saturday announced a 0.35 percent reduction in its base rate to 9.65 percent.
Oct 03, 2015, 18:30 PM IST
More PSBs, private banks join rate cut bandwagon
State-run United Bank of India in a separate statement said that it has decided to reduce base rate or the minimum lending rate to 9.65 percent from 9.90 percent with effect from October 12.
Oct 03, 2015, 18:04 PM IST
