Nov 28, 2015 at 14:56 | Source: PTI
RBI is scheduled to announce its bi-monthly monetary policy review on December 1 and there are expectations that it is likely to keep key policy rates unchanged.
Nov 27, 2015 at 14:02 | Source: Reuters
All 45 economists surveyed expected the RBI to stand pat at its policy review on Tuesday, while the range of forecasts for gross domestic product growth for the latest quarter was between 6.9-7.6 percent, with the median at 7.3 percent. The GDP data is set to be released on Monday.
Nov 23, 2015 at 21:23 | Source: PTI
The Minister during his meeting with heads of public sector banks (PSBs) also reviewed interest rate in the light of key policy rate reduction by RBI in September.
Oct 31, 2015 at 17:13 | Source: PTI
The RBI has cumulatively lowered its policy rate by 1.25 percent so far in 2015, including by 25 basis points thrice and a better-than-expected 50 basis points in the last monetary policy review.
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.