Will Your EMIs Get Cheaper This Year? SBI Chief CS Setty Says This On RBI Repo Rate Cut
The RBI kept the repo rate unchanged at 6.5 percent in its August bi-monthly review amid risks from higher food inflation.
Sep 18, 2024, 16:24 PM IST
RBI Likely To Keep Interest Rate Unchanged At 6.5 Per Cent, Say Experts
Last month, RBI Governor Shaktikanta Das had said the question of a change of stance on interest rate is quite premature given the gap between current inflation and the 4 per cent target.
Aug 04, 2024, 15:31 PM IST
RBI revises GDP growth forecast for 2019-20 to 6.9% from 7.0%
In the MPC’s June resolution, real GDP growth for 2019-20 was projected at 7.0 percent – in the range of 6.4-6.7 percent for H1:2019-20 and 7.2-7.5 percent for H2 – with risks evenly balanced.
Aug 07, 2019, 12:16 PM IST
RBI cuts repo rate by 35 basis points in third bi-monthly monetary policy
The move is expected to lead to reduction of lending rate by banks leading to lower EMI for housing, car loan and corporate borrowers. This is RBI's second monetary policy after Modi 2.0 took charge in May.
Aug 07, 2019, 11:49 AM IST
RBI second bi-monthly Monetary Policy statement for 2019-20 – Read full text
Here is the full text of RBI's second bi-monthly Monetary Policy statement for 2019-20.
Jun 06, 2019, 13:10 PM IST
RBI cuts repo rate by 25 basis points in first monetary policy after Modi 2.0 takes charge
The move is expected to lead to reduction of lending rate by banks leading to lower EMI for housing, car loan and corporate borrowers.
Jun 06, 2019, 11:48 AM IST
RBI's first monetary policy after Modi 2.0 takes charge, likely to go for 35 bps rate cut
It can be noted that since Governor Shaktikanta Das has assumed office, the central bank has cut its key rates by a cumulative 0.50 percent as inflation ebbed.
Jun 06, 2019, 09:26 AM IST
RBI may slash interest rate by 25 bps, says SBI report
The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das will start its three-day meet in Mumbai on Tuesday and announce the policy on February 7.
Feb 05, 2019, 12:16 PM IST
RBI-industry meet: India Inc pitches for rate cut to prop up growth
Suggestions come ahead of the sixth bi-monthly monetary policy statement for 2018-19 scheduled to be announced on February 7.
Jan 18, 2019, 10:35 AM IST
RBI might slightly cut interest rate: Kaushik Basu
The RBI's monetary policy review is slated in February.
Jan 15, 2019, 15:26 PM IST
Monetary policy review: RBI keeps repo rate unchanged at 6.5%
Five out of the six-member Monetary Policy Committee (MPC) voted in favour of keeping the repo rate unchanged at 6.50 percent and the reverse repo rate at 6.25 percent.
Dec 05, 2018, 14:32 PM IST
RBI keeps repo rate unchanged at 6.5%
Five out of the six-member Monetary Policy Committee (MPC) voted in favour of keeping the repo rate unchanged.
Oct 05, 2018, 14:38 PM IST
RBI monetary policy today; rate hike expected as rupee slide accelerates
Anticipation of a rate hike has increased in the past month as oil prices climbed, the rupee`s slide accelerated and concerns on liquidity emerged.
Oct 05, 2018, 09:15 AM IST
RBI, in a tight spot, is expected to raise rates again
In June, the repo rate, or the benchmark lending rate, was raised for the first time in over four years, by 25 basis points to 6.25 percent.
Aug 01, 2018, 06:43 AM IST
Analysts expect RBI rate hike following 'hawkish' MPC minutes
It was also leaning towards hawkishness, which was a view shared by a majority of watchers.
Apr 20, 2018, 16:43 PM IST
Taken note of RBI status quo, lower growth forecast: Finmin
The ministry, however, welcomed the initiative with regard to Peer to Peer (P2P) NBFC financing regulation, saying it would benefit smaller firm.
Oct 04, 2017, 21:07 PM IST
Icra sees RBI leaving rates unchanged on Oct 4
While an interest rate cut would be welcomed by corporates, it's unlikely to be sufficient to meaningfully rekindle investment activity.
Sep 28, 2017, 15:18 PM IST
Is RBI's hawkish stance hurting India's growth prospects?
India urgently needs to regain the level of growth it witnessed since 2003 and a lot needs to be done including an urgent resolution of bad loans, which seems to have begun. But, avoiding an unnecessary hawkish stance by the RBI would supplement government efforts in reviving investor sentiments.
Jun 20, 2017, 15:17 PM IST
RBI to strike less hawkish tone while standing pat
The Reserve Bank of India is likely to keep interest rates unchanged at a review on June 7, but with inflation well below target its policy statement is likely to sound less hawkish than when the monetary policy committee last met.
May 31, 2017, 12:46 PM IST
RBI minutes suggest next move will be a hike: Nomura
The minutes of the RBI's April 6 policy meeting suggest that the next move of the Central bank will likely be a hike in key policy rates, says a report.
Apr 21, 2017, 12:37 PM IST
