Dec 07, 2016 at 18:52 | Source: Moneycontrol.com
The RBI stayed prudent in its monetary policy review today rather than move in a haste as it wishes to wait for more information and experience before judging the full effect and persistence of the demonetisation move.
Dec 07, 2016 at 16:18 | Source: Moneycontrol.com
The RBI left the cash reserve ratio unchanged at 4 percent, as expected, and announced that the incremental CRR of 100 percent will stand withdrawn from 10 December. The increase in the market stabilisation securities ceiling to INR6trn has boosted the RBIs firepower to absorb liquidity.
Dec 07, 2016 at 15:30 | Source: PTI
The withdrawal of old Rs 500 and 1,000 notes "could result in a possible temporary reduction in inflation of the order of 10-15 basis points in Q3 (October-December period", the central bank said in the Fifth Bi-monthly Monetary Policy Statement Resolution of the Monetary Policy Committee (MPC).
Dec 07, 2016 at 15:04 | Source: Reuters
The Reserve Bank of India (RBI) unexpectedly kept its policy repo rate unchanged at 6.25 percent on Wednesday, despite calls for action as an intense cash shortage threatens to slam the brakes on the world's fastest growing major economy.
Dec 07, 2016 at 13:36 | Source: Moneycontrol.com
The Reserve Bank of India (RBI) has announced the decision of its fifth bi-monthly monetary policy review of financial year 2016-17. Updates here.
Dec 07, 2016 at 07:49 | Source: Moneycontrol.com
RBI Governor Urjit Patels second monetary policy review comes amid the governments demonetisation drive which has impacted scores of citizens and businesses. Will an interest rate cut ease some of the pain. Heres a look at how interest rates work.
Dec 06, 2016 at 12:00 | Source: Reuters
Most economists believe the RBI will cut the repo rate by 25 basis points (bps) to a six-year low of 6.00 percent at a policy review, and follow that with at least one easing next year after the scrapping of high-value bank notes severely curbed consumer demand.
Nov 02, 2016 at 21:30 | Source: PTI
The central bank recently had conducted a review of steps taken by banks for installing ATMs dispensing lower denomination banknotes.
Oct 24, 2016 at 13:58 | Source: PTI
RBI is expected to pause on the December 7 monetary policy review that rate cut would be a "bullet wasted".
Oct 05, 2016 at 14:26 | Source: PTI
Economists at foreign brokerage Bank of America Merill Lynch said however that it doesn't expect any rate cut in the upcoming review of the bi-monthly policy in December.