Mar 29, 2015 at 14:15 | Source: PTI
The Reserve Bank of India is likely to hit the pause button in its policy review meet on April 7, but might go for a 25 basis points cut by June, says a report by DBS. According to the financial services firm, after surprise reduction in policy rates in March, no rate cut move is expected in the April 7 annual policy meet of the central bank.
Mar 11, 2015 at 19:14 | Source: PTI
Banks also have to keep asset quality in mind (before passing on the benefit of rate cut). That is a guiding factor for any bank to reduce lending rate," Iyer said. The RBI is scheduled to announce its bi-monthly policy review on April 7.
Mar 11, 2015 at 15:59 | Source: Reuters
Indian banks would prefer to defer any decision on lending rates until after the RBI holds its monetary policy review on April 7, Bank of India Chairman V. R. Iyer told reporters on Wednesday.
Mar 09, 2015 at 16:00 | Source: Reuters
That 25 basis point cut is likely to be followed by another in the June policy review, the poll conducted March 4-9 showed. Only eight of 26 economists gave a more than 50 percent probability the RBI would move again at the April 7 meeting.
Mar 04, 2015 at 16:01 | Source: PTI
Encouraged by softening inflation and fiscal consolidation roadmap presented by the government, the Reserve Bank of India on Wednesday slashed key policy (repo) rate by 0.25 percent to 7.5 percent, the second such surprise rate cut outside the regular policy review in less than two months.
Mar 04, 2015 at 12:22 | Source: PTI
Encouraged by softening inflation and fiscal consolidation roadmap by the government, RBI on Wednesday slashed key policy (repo) rate by 0.25 percent to 7.5 percent, the second such surprise rate cut outside regular policy review in less than two months.
Mar 03, 2015 at 15:46 | Source: Reuters
The RBI unexpectedly cut interest rates in January but held rates steady at its policy review in February.
Feb 03, 2015 at 19:25 | Source: Moneycontrol.com
CRISIL Research has come out with its review on monetary policy. The research firm expects inflation, which has fallen below the RBIs expected trajectory in recent months, to average 5.8% in 2015-16. "RBI stands pat even as policy transmission stays sluggish", says the report.
Feb 03, 2015 at 14:09 | Source: CNBC-TV18
In its sixth bi-monthly Monetary Policy review, the Reserve Bank of India kept policy rates unchanged after going ahead with a 25-bps cut just three weeks ago, suggesting governments annual budget at the end of this month may hold the key to future action.
Feb 03, 2015 at 11:04 | Source: Moneycontrol.com
In its sixth bi-monthly Monetary Policy review, the Reserve Bank of India left rates unchanged. However it announced a cut in SLR by 50 bps to create space for banks to expand credit.