RBI cuts repo rate by 0.25% to 7.25%; home, auto loans to become cheaper
EMIs on home and auto loans will come down with SBI and other banks cutting lending rates within hours of RBI Tuesday slashing policy rate by 0.25 percent for the third time this year.
Jun 02, 2015, 14:01 PM IST
Allahabad Bank cuts lending rate by 0.30% to 14.20%
Allahabad Bank on Tuesday cut its lending rate to 14.20 percent from 14.50 percent.
Jun 02, 2015, 13:15 PM IST
RBI cautions against hasty overhaul of financial regulation
The governor of the Reserve Bank Of India (RBI) said on Tuesday the finance ministry and the central bank agreed on the need for a separate public debt management office, but cautioned against moving in haste to overhaul financial regulation.
Jun 02, 2015, 12:36 PM IST
RBI says growth weaker than headline numbers suggest
India`s growth rate may be weaker than headline numbers suggest and demand has yet to pick up strongly, the governor of the Reserve Bank of India said after the bank`s policy meeting on Tuesday.
Jun 02, 2015, 12:19 PM IST
RBI credit policy review: Key highlights
Following are the highlights of RBI's second bi-monthly monetary policy statement for 2015-16:
Jun 02, 2015, 12:01 PM IST
RBI monetary policy review: Inflation expected to rise to 6% by January 2016
The Reserve Bank on Tuesday said assuming reasonable food management, inflation is expected to be pulled down by base effects till August but to start rising thereafter to about 6 percent by January 2016 – slightly higher than the projections in April.
Jun 02, 2015, 11:40 AM IST
Will announce at least one set of bank license by August end, says Raghuram Rajan
Reserve Bank Governor Raghuram Rajan on Tuesday said that the central bank will soon bring a set of bank license by August this year.
Jun 02, 2015, 11:19 AM IST
Sensex falls over 130 points, Nifty slips below 8,400-mark
The NSE Nifty was down 42.45 points, or 0.50 percent, at 8,390.95.
Jun 02, 2015, 09:56 AM IST
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
Government requests RBI to cut interest rates
With the Reserve Bank of India`s second bi-monthly monetary policy review of this fiscal coming up, the government on Saturday strongly urged central bank Governor Raghuram Rajan to cut interest rates.
May 30, 2015, 21:31 PM IST
El Nino may tie Rajan's hand in medium-term: HSBC
Foreign brokerage HSBC on Wednesday said the Reserve Bank will go for a 25 bps cut in repo rates in June 2 policy review but the El Nino impact may curtail the prospect of further cuts in the coming months.
May 20, 2015, 18:03 PM IST
RBI credit policy today; interest rates unlikely to be lowered
Reserve Bank is expected to leave the repo rate unchanged during its annual monetary policy on Tuesday due to increased food prices after unseasonable rains in various parts of the country.
Apr 06, 2015, 15:57 PM IST
Expected RBI to wait till April for rate cut: Rangarajan
Surprised over the timing of RBI's rate cut, former central bank governor C Rangarajan on Wednesday said the Union Budget was not a good enough trigger for easing of rates and he had expected RBI to wait till next month.
Mar 04, 2015, 13:57 PM IST
RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down
In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.
Mar 04, 2015, 11:12 AM IST
RBI keeps rate unchanged; hopes banks will cut lending rates
Awaiting cues from the Budget, RBI Governor Raghuram Rajan left interest rate unchanged saying there was no case for a reduction now.
Feb 03, 2015, 22:41 PM IST
Bank, realty stocks down as RBI keeps rate unchanged
Interest-rate sensitive bank and realty stocks on Tuesday witnessed selling pressure after the Reserve Bank left interest rate unchanged.
Feb 03, 2015, 13:40 PM IST
Indians can invest up to $2,50,000 annually overseas
Encouraged by foreign exchange reserves touching record levels, the Reserve Bank on Tuesday doubled the annual overseas investment ceiling for individuals to USD 2,50,000.
Feb 03, 2015, 12:42 PM IST
RBI keeps rate unchanged, disappoints markets, industry
Disappointing markets and the industry, RBI Governor Raghuram Rajan on Tuesday left interest rate unchanged, saying there are no developments to warrant further easing since the unscheduled rate cut about a fortnight ago.
Feb 03, 2015, 12:21 PM IST
RBI's monetary policy review: Key highlights
Highlights of RBI's bi-monthly monetary policy statement.
Feb 03, 2015, 12:16 PM IST
RBI looking for disinflationary process, Budget: Rajan
Talking to media after unveiling its bi-monthly monetary policy review, he said that the further actions will be driven by data.
Feb 03, 2015, 11:29 AM IST
