Oct 30, 2013 at 14:03 | Source: Moneycontrol.com
Angel Broking has come out with its review on RBI' monetary poilcy. "Expectations of CPI by the central bank suggest that for the coming months it would hover above 9 percent. Taking cues from this forecast, the RBI could stick with the target of reducing inflation first; hence, further rate increases are likely," says Angel.
Oct 30, 2013 at 12:10 | Source: Moneycontrol.com
CRISIL Research has come out with its monetary policy review. The central bank now expects WPI inflation to remain above the current levels (6.5 per cent in September) in the coming months, raising its inflation forecast for the entire fiscal above the earlier projection of 5.5 per cent.
Oct 29, 2013 at 16:58 | Source: Moneycontrol.com
ICRA has come out with its comment on RBI's second quarter review of monetary policy 2013-14. The research firm believes that, the RBI could increase the Repo rate again by 25 bps during the second half but provide liquidity using other monetary tools at its disposal.
Oct 29, 2013 at 15:28 | Source: Moneycontrol.com
It is clear that the second quarter review of the monetary policy has been prepared in a backdrop of very difficult times, both globally and domestically. The IMF had recently revised downwards global growth rate implying a difficult market for our exports.
Oct 29, 2013 at 15:14 | Source: PTI
"As all commercial banks are now on core banking platforms, it has been decided to give banks the option to pay interest on savings deposits and term deposits at intervals shorter than quarterly intervals," RBI Governor Raghuram Rajan said in its Second Quarter Review of Monetary Policy 2013-14.
Oct 29, 2013 at 11:16 | Source: RBI
Second Quarter Review of Monetary Policy 2013-14: Full statement by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India
Oct 28, 2013 at 17:24 | Source: Moneycontrol.com
The RBI macroeconomic report released ahead of its monetary policy review on Tuesday lowered FY14 and FY15 growth forecast and raised WPI inflation forecast for this fiscal year.
Oct 27, 2013 at 11:24 | Source: PTI
Worsening price situation may prompt the Reserve Bank to raise interest rate by 0.25 percent in its policy review on Tuesday, but it is also likely to announce some liquidity easing steps.
Oct 24, 2013 at 16:05 | Source: PTI
High inflation offers Rajan limited scope to cut key rates as demanded by industry to spur growth. Rising food prices, especially of onion and other vegetables, pushed up September inflation to 7-month high of 6.46 percent.
Oct 24, 2013 at 08:58 | Source: CNBC-TV18
Ahead of the FOMC and RBI review policy, the bond market will remain cautious and rangebound, says Mohan Shenoi, Kotak Mahindra Bank.