Dec 06, 2016 at 17:59 | Source: Moneycontrol.com
The RBI, guided by the newly-formed six-member monetary policy committee (MPC), is widely expected to cut its key lending rate the repo rate by 25 basis points to 6 percent.
Dec 06, 2016 at 16:18 | Source: Moneycontrol.com
There is a high likelihood of a 25 bps cut in the repo rate.
Dec 06, 2016 at 16:02 | Source: Moneycontrol.com
The NSE Nifty ended Tuesday's session on a positive note but failed to hold 8150 level due to late sell-off in private banking & financials and auto stocks. Investors remained cautious ahead of the outcome of monetary policy committee meeting tomorrow.
Dec 06, 2016 at 13:18 | Source: PTI
This is the second meeting of MPC headed by RBI Governor Urjit Patel after the first in October, when it had cut repo, or the short-term lending rate, by 0.25 percent to 6.25 percent.
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.
Dec 06, 2016 at 09:16 | Source: PTI
This would be the second meeting of the MPC headed by RBI Governor Urjit Patel after the first that happened in October, when it had cut the repo rate or short term lending rate by 0.25 percent to 6.25 percent.
Dec 05, 2016 at 19:23 | Source: Moneycontrol.com
Beyond the rate cut call, there are questions which at the current juncture can be very important. Answering these crucial questions will provide some reassurance to the markets and the economy in general.
Dec 05, 2016 at 16:02 | Source: Moneycontrol.com
Domestic equity market has witnessed a slide in recent weeks even as there is widespread expectation that governor of Reserve Bank of India, Urjit Patel, will announce a cut in repo rate in the forthcoming fifth bi-monthly Monetary Policy statement on December 7 to spur growth.
Nov 29, 2016 at 18:16 | Source: PTI
The expectations on a repo rate cut have been tempered with hike in cash reserve ratio (CRR), Icra said in a note.
Nov 28, 2016 at 09:26 | Source: Reuters
India's 10-year government benchmark has fallen to 6.19 percent, below the central bank's repo rate of 6.25 percent, on expectations of a 25 bps-50 bps rate cut at the December 6-7 monetary policy committee meeting. The two have converged only three times in the last decade, according to banking analysts.