Oct 04, 2015 at 13:17 | Source: PTI
A 50 basis points repo rate cut and slew of policy measures announced by the Reserve Bank in the recent monetary policy review could attract an average annual flow of Rs 48,000 crore in government bonds from overseas investors for the next few years, says a report.
Sep 30, 2015 at 19:43 | Source: PTI
In the fourth bi-monthly monetary policy review yesterday, Governor Raghuram Rajan cut interest rate by 0.50 percent, leading to a rush of base ret revisions by banks, led by State Bank of India.
Sep 29, 2015 at 18:26 | Source: Moneycontrol.com
Angel Broking has come out with its review on Monetary Policy. "RBI cuts repo rate by 50bp; but cautious on inflation", says the report.
Sep 29, 2015 at 17:46 | Source: Moneycontrol.com
CRISIL has come out with monetary policy review. The RBI has set the CPI inflation target at ~5% by end 2016-17 and reiterated it at 4% by end 2017-18. Therefore, the pause from hereon could be a prolonged one unless there is a significant positive surprise on inflation. "50 bps it is! Will the RBI pause now?", says the report.
Sep 29, 2015 at 14:06 | Source: PTI
With small saving deposits commanding an interest rate of 8.7 to 9.3 percent, banks have been reluctant to transmit the entire policy rate cut by RBI to borrowers. They want to keep their deposit rates attractive to match with those in small saving schemes, popular among masses.
Sep 28, 2015 at 12:52 | Source: PTI
From a high of 7 percent year-on-year a year ago, CPI inflation fell to 3.7 percent in July and August. At August's review, the RBI had emphasised that it would look through base-effect-distorted inflation readings in these two months but the slower-than-expected sequential pace probably took it by surprise.
Sep 21, 2015 at 08:58 | Source: CNBC-TV18
Bonds might see position building as the consensus builds towards a rate cut at this month's RBI policy review, says Ajay Manglunia, Edelweiss.
Sep 18, 2015 at 18:39 | Source: PTI
RBI is scheduled to come out with its fourth bi-monthly policy review for the fiscal on September 29 and with uncertainty getting over with regard to the US Fed rate, the central bank may yield to the pressure of easing rates.
Sep 17, 2015 at 21:05 | Source: PTI
Ahead of the bimonthly monetary policy review, RBI Deputy Governor Urjit Patel today said sustained low inflation over medium- to long-term is necessary to bring down the cost of fund.
Sep 15, 2015 at 12:45 | Source: PTI
Financial services majors like HSBC, DBS, Bank of America Merrill Lynch (BofA-ML) and State Bank of India expect RBI to go for a 25 basis points rate cut during its policy review meet later this month.