Sensex regains 28K-mark, Nifty surges 206 pts on RBI rate cut
Sensex Thursday reclaimed the 28,000-mark for the first time since December 9 at midsession on a strong rally in the rate-sensitive realty, banking and auto sector stocks after the RBI cut interest rate by 0.25 percent.
Jan 15, 2015, 14:27 PM IST
RBI rate cut will boost housing demand: Realty developers
Encouraged by softening inflation, the RBI today decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
Jan 15, 2015, 13:56 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
Loans to get cheaper as RBI surprises with 0.25% rate cut
Shedding his hawkish stance, Reserve Bank Governor Raghuram Rajan Thursday sprang a surprise by cutting interest rates by 25 basis point a move that is likely to result in cheaper home and auto loans.
Jan 15, 2015, 13:05 PM IST
RBI rate cut positive for economy: FM Jaitley
Jaitley further said that the rate cut will leave more money in the hands of people for greater spending and boost development.
Jan 15, 2015, 12:07 PM IST
United Bank cuts lending rate by 0.25% after RBI move
Taking a cue from RBI easing of policy rate, state-owned United Bank of India Thursday slashed its base rate or the minimum lending rate by 0.25 percent to 10 percent.
Jan 15, 2015, 11:03 AM IST
RBI cuts interest rate by 0.25% to 7.75%
The decision to reduce repo rate comes a fortnight ahead of the scheduled date of monetary policy announcement on February 3.
Jan 15, 2015, 10:48 AM IST
Finance ministry welcomes RBI rate cut as inflation drops
Deputy Finance Minister Jayant Sinha also told Reuters that the quarter-point rate cut would mark an "inflection point" after a period of high interest rates.
Jan 15, 2015, 10:16 AM 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
Sensex surges 600 points as RBI cuts repo rate
The BSE Sensex on Thursday gained almost 600 points to trade at 27,947 points and NSE Nifty also surged around 186 points to trade above 8,450 level after the RBI reduced the repo rate by 25 basis points.
Jan 15, 2015, 09:47 AM IST
RBI slashes repo rate by 0.25%, CRR remains unchanged
The Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis point from 8 percent to 7.75 percent with immediate effect.
Jan 15, 2015, 08:52 AM IST
State Bank of India sees nominal rate cut on Feb 3
The Reserve Bank may go for a "tokan cut" in interest rates in its upcoming policy review on February 3, a report by banking major SBI said Wednesday.
Jan 14, 2015, 21:43 PM 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
Inflation, factory output data warrant monetary easing in 2015
Both inflation and factory output data reinforce the case for monetary easing this year and the Reserve Bank of India may go for a policy rate cut before the February budget, say experts.
Jan 13, 2015, 18:15 PM IST
Retail inflation up at 5% in December on higher food prices
Retail inflation moved up marginally to 5 percent in December as prices of some food items, including fruits and vegetables, increased.
Jan 12, 2015, 19:11 PM IST
Retail inflation rises to 5% in December
Retail inflation accelerated for the first time in five months in December to 5 percent as compared to 4.38 percent in November.
Jan 12, 2015, 17:56 PM IST
FM signals urgent need for RBI rate cut
Sending a clear signal to the Reserve Bank of India (RBI) to cut interest rates in view of industrial output slipping further in October, Finance Minister Arun Jaitley Monday called for increasing the flow of funds in the market.
Dec 29, 2014, 13:43 PM IST
RBI may cut policy rates by 0.25% in February: Bank of America
The Reserve Bank is likely to cut rates by 0.25 percent in February's monetary policy review as its target of six percent inflation by January 2016 is likely to be met, Bank of America Merrill Lynch has said.
Dec 25, 2014, 12:17 PM IST
Raghuram Rajan fights for RBI autonomy amid rate cut rants
Rajan seems to have followed the principle laid out by former US Federal Reserve chief Ben Bernanke, who had famously said that "the central bank needs to be able to make policy without short term political concerns".
Dec 21, 2014, 12:49 PM IST
Rajan meets FM; discusses economic situation
The meeting assumes significance amid growing calls for a rate cut by the RBI.
Dec 12, 2014, 21:36 PM IST
