RBI cuts interest rates by 0.25%; EMIs on home, auto loans to come down
Rajan, who had focused on quelling inflation since taking office in September 2013, lowered the benchmark repo rate to 7.25 percent from 7.50 percent.
Jun 02, 2015, 08:24 AM IST
India hungry for rate cut despite economic growth seen outstripping China
The RBI has already cut rates twice this year after inflation fell within its comfort zone, but it left them unchanged in April.
May 29, 2015, 09:27 AM IST
Central banks should not ignore global responsibilities: Rajan
Multilateral institutions like the IMF need to re-examine "rules of the game" but central banks should not ignore international responsibilities despite their domestic mandates, RBI Governor Raghuram Rajan has said.
May 20, 2015, 10:41 AM IST
Central banks playing with fire in growth push: Raghuram Rajan
The "spectre of deflation" is spurring the world`s major central banks into a dangerous struggle for stronger domestic growth that imperils financial markets and ignores the needs of developing nations, the head of India`s central bank said on Tuesday.
May 20, 2015, 08:59 AM IST
Notion that banks' credit cost not fallen is nonsense: Rajan
RBI Governor Raghuram Rajan further said that sooner the banks cut rate the better it would be for the economy.
Apr 07, 2015, 14:35 PM IST
Banks must cut lending rates to boost growth, says India Inc
RBI lowered interest rates by a total of 0.50 percent since January 2015, but banks are yet to pass on the benefit to borrowers.
Apr 07, 2015, 14:16 PM IST
Expect more structural reforms from RBI, says Raghuram Rajan
We are more focused on domestic economy and domestic requirement, said Rajan.
Apr 07, 2015, 11:18 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
'India Inc expects marginal relief in interest rates by RBI'
This was the second time in a row that interest rates were left unchanged amid demands for moderation to spur growth.
Aug 03, 2014, 12:08 PM IST
