Rate cut

Rate cut to take some time, say bankers

Bankers on Tuesday ruled out an immediate cut in lending rates saying they will wait for the Budget, but termed the RBI policy review as growth-oriented as the reduction in SLR will release more funds into the system.

Feb 03, 2015, 21:20 PM IST

Raghuram Rajan warns against compromising India's interest for FDI

Reserve Bank Governor Raghuram Rajan Monday warned against compromising India's interest for the sake of attracting foreign investment and said the priority should be framing transparent policies as well as resolving contractual tax disputes quickly.

Feb 02, 2015, 22:29 PM IST

Too little too late, automobile cos say on RBI rate cut

Automobile manufacturers today termed the RBI's decision to reduce interest by 25 basis points as "too little, too late" although they hoped that it would lead to softening of lending rates in future.

Jan 15, 2015, 17:00 PM IST

Rate cut by banks imminent: Top bankers

Welcoming RBI's decision to cut rates, top lenders SBI and ICICI Bank Thursday said the much- awaited lowering of lending and deposit rates would "definitely" take place now.

Jan 15, 2015, 13:10 PM IST

Rate cut indicates shift in monetary policy stance: Subramanian

The Reserve Bank of India cut interest rates on Thursday by 25 basis points to 7.75 percent in a surprise inter-meeting cut, yielding to signs of slowing inflation, while acknowledging the government`s efforts to contain the fiscal deficit.

Jan 15, 2015, 09:59 AM IST

Benign inflation data fuels rate cut calls

Plunging global oil markets helped India post slower-than-expected wholesale price inflation in December, raising hopes for an early cut in interest rates to help the economy out of its longest phase of sub-par growth since the 1980s.

Jan 14, 2015, 14:50 PM IST

'IIP growth incipient sign of revival, hope for firm recovery'

With factory output in November 2014 growing at the fastest pace in 5 months, India Inc on Monday said the turnaround needs to be made consistent for a longer period and reiterated its call for a rate cut even as December retail inflation was below the RBI's 6 percent target.

Jan 12, 2015, 20:58 PM IST

Inflation seen ticking up in Dec, may stall RBI rate move

Food prices probably fueled a sharp rise in India`s retail inflation in December after the record low struck the previous month, according to a Reuters poll, weighing against chances of an early interest rate cut by the Reserve Bank of India.

Jan 11, 2015, 11:47 AM IST

Inflation cools to zero, but not good enough for rate cut

It so happened in 2014 that inflation hit a perfect-zero for wholesale prices and the retail one also more than halved to 4.4 percent, still it was not good enough for the much-awaited cut in interest rates.

Dec 31, 2014, 12:02 PM IST

Rate cut needed to boost investment, achieve 7-8% growth: CEA

Pitching for a rate cut by the Reserve Bank, Chief Economic Adviser Arvind Subramanian Tuesday said there is a need to boost investments to achieve the potential economic growth rate of 7-8 percent in the next few years.

Dec 23, 2014, 22:34 PM IST

Rapidly cooling inflation supports case for rate cut

India`s wholesale price index showed no increase in November for the first time in near 5-1/2 years as oil prices tumbled, building a case for the Reserve Bank to start lowering interest rates early next year to help prop up economic growth.

Dec 15, 2014, 13:29 PM IST

Rate cut calls grow as Australian economy falters

The data showed the economy expanded by just 0.3 percent in the third-quarter, far below consensus estimates of 0.7 percent, to take the annual growth rate to a below-trend 2.7 percent.

Dec 07, 2014, 10:15 AM IST

BofAML sees 0.25% rate cut by RBI in Feb, total 0.75% in 2015

Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 percent at the February review meet and will do cuts of 0.75 percent in 2015.

Dec 05, 2014, 19:33 PM IST

China won't consider more rate cuts until Q4 data out: Official

China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday.

Nov 25, 2014, 19:56 PM IST

Jaitley wants RBI to make cost of capital cheaper

Finance Minister Arun Jaitley Sunday pitched for an interest rate cut, expressing confidence that the RBI will move in the direction of making the cost of capital reasonable to help perk up economy.

Nov 23, 2014, 17:50 PM IST

Rate cut by RBI will give 'good fillip' to economy: Jaitley

Pitching for a rate cut by RBI, Finance Minister Arun Jaitley Monday said lower cost of capital will give a "good fillip" to the economy.

Nov 17, 2014, 19:42 PM IST

Rate cut by RBI will give a "good fillip" to economy: Arun Jaitley

With some signs of the economy recovering, Finance Minister Arun Jaitley on Monday said a rate cut by the Reserve Bank will be a bonus for the growth.

Nov 17, 2014, 17:27 PM IST

Industry hopeful of rate cut as economy shows recovery signs

Buoyed by the uptick in industrial output and easing inflation, India Inc Wednesday said that improving economic data makes strong case for a cut in interest rates.

Nov 12, 2014, 21:53 PM IST

Bond market sees rate cuts even as RBI talks tough on inflation

The bond rally - and the lower yields that result - comes as the consumer price index eased to 6.46 percent in September.

Nov 10, 2014, 09:06 AM IST

Sensex tops 28K mark for 1st time on hopes of reforms, rate cut

Sensex Wednesday conquered the 28,000 mark for the first time as markets hit new highs of the fourth day on expectations of more reforms by the Modi government and a rate cut by the RBI.

Nov 05, 2014, 17:25 PM IST