Jul 31, 2015 at 12:51 | Source: PTI
Bank of America Merrill Lynch and HSBC in two separate reports today said that the RBI is likely to stay on "hold" at the policy review meet next week, but there is possibility of more rate cuts in the coming months.
Jul 28, 2015 at 14:10 | Source: PTI
Reserve Bank of India is likely to keep the benchmark repo rate unchanged at 7.25 percent in its policy review meet next week, a DBS report says.
Jul 21, 2015 at 20:05 | Source: PTI
Rajan's meeting with the Finance Minister comes ahead of the bi-monthly monetary policy to be announced on August 4. There is pressure on RBI to cut rate to boost economic growth.
Jul 20, 2015 at 15:32 | Source: PTI
According to the global financial services major, rains are critical in sowing months of July-August and the ongoing dry spell in central and western India, which grows oilseeds, pulses and raw cotton is worrisome.
Jul 14, 2015 at 17:58 | Source: PTI
The Reserve Bank is likely to cut interest rates in its upcoming monetary policy review next month despite retail inflation surging to an eight-month high in June, rating agency Moody's said on Tuesday.
Jul 13, 2015 at 20:36 | Source: PTI
The Reserve Bank is likely to cut benchmark interest rate by 0.25 percent in its next month's policy review if monsoon rains remain normal, Bank of America Merrill Lynch said on Monday.
Jun 08, 2015 at 18:04 | Source: PTI
Soon after RBI's second bi-monthly policy review for 2015-16 on June 2, a number of banks, including largest public sector lender SBI, have cut the minimum lending rates. Also, several banks have cut the rates of interest they offer to customers for keeping their deposits.
Jun 03, 2015 at 14:54 | Source: PTI
As part of its second bi-monthly monetary policy review, RBI cut the repo rate (short-term lending rate) from 7.5 percent to 7.25, but left other policy tools like cash reserve ratio unchanged at 4 percent and Statutory Liquidity Ratio (SLR) at 21.5 percent .
Jun 02, 2015 at 09:09 | Source: Moneycontrol.com
According to Maximus Securities, market may open slightly higher ahead of RBI's policy review meet. Singapore stock exchange indicates that the Nifty could gain 5 points at the opening bell.
Jun 02, 2015 at 08:15 | Source: Reuters
India is the fastest-growing major economy in the world, outstripping China, but economists say the data is not consistent with other indicators showing slack in Asia's third largest economy.