Feb 10, 2017 at 15:11 | Source: Reuters
While the consensus view in the survey of 45 economists pointed to the policy repo rate staying unchanged at 6.25 percent until July-September quarter 2018, a little less than one-fifth still predicted a cut as early as April-June this year.
Feb 09, 2017 at 17:00 | Source: Housing.com/news
The Reserve Bank of India (RBI) on Wednesday, February 8, 2017, surprised the market by keeping the repo rate unchanged at 6.25% in its monetary policy review. This has disappointed the market in general R
Feb 09, 2017 at 10:49 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee appreciated by 0. 42 percent yesterday after the RBI in its sixth Bi - Monthly Monetary Policy review kept its benchmark repo rate unchanged at 6.25 percent. Other important rates were also kept at the same levels; reverse repo rate at 5.75 percent, marginal standing facility and bank rate at 6.75 per cent.
Feb 08, 2017 at 17:00 | Source: Housing.com/news
In its first monetary policy review in 2017, on February 8, the Reserve Bank of India (RBI) has decided to keep key rates unchanged. Accordingly, the repo rate at which it lends to the R
Feb 08, 2017 at 15:17 | Source: Moneycontrol.com
RBI Governor Urjit Patel disappointed market expectations maintaining a status quo of repo rate. In the run up to RBIs Monetary Policy meeting, market analysts and bankers were gunning for a reduction in repo rate. Patels third monetary policy review comes a week after Finance Minister Arun Jaitley present Union Budget 2017-18.
Feb 08, 2017 at 13:00 | Source: Moneycontrol.com
"RBI is expected to cut repo rate by 0.25 percent at its policy review. This rate cut would be supported by the modest CPI inflation, which is expected to undershoot the March 2017 target set by RBI and the continued fiscal consolidation attempted in the Union Budget for FY2018," Raghu Kumar of Upstox said.
Feb 07, 2017 at 11:50 | Source: Moneycontrol.com
The RBIs monetary policy review on Wednesday will offer cues on the extent of demonetisations impact on the broader economy; India may well be staring at a GDP growth of less the 6.5 percent in 2016-17, the lowest since 2012-13.
Feb 07, 2017 at 07:38 | Source: PTI
The bank has reduced marginal cost of funds based lending rate (MCLR) across various tenures effective today, Bank of Maharashtra said in a regulatory filing.
Feb 06, 2017 at 17:59 | Source: Moneycontrol.com
IDBI Bank reduced lending marginal cost of funds based lending rates (MCLR) by up to 35 bps two days ahead of the RBI monetary policy review.
Feb 06, 2017 at 16:28 | Source: PTI
The rate cut would be supported by the modest CPI inflation, which is expected to undershoot the March 2017 target set by Reserve Bank of India (RBI) and the continued fiscal consolidation attempted in the Union Budget for FY2018, the rating agency said.