Aug 28, 2015 at 17:23 | Source: PTI
The central bank has cut rates thrice by a cumulative 0.75 percent this year and with positive inflation data emerging, pressure has been increasing on it to cut lending rates further, which can boost the recovery.
Aug 28, 2015 at 12:51 | Source: Reuters
The median from survey of 21 economists showed a 60 percent chance that the central bank would cut its policy repo rate from 7.25 percent at the next meeting, whereas a previous poll in July had shown a move was more likely in the final three months of the year.
Aug 26, 2015 at 11:44 | Source: Reuters
China's 2 percent devaluation on Aug. 11 added to evidence that its economy was struggling, and overseas it caused a ripple of panic that a currency war was in the offing.
Aug 25, 2015 at 18:12 | Source: Reuters
Of the four members, one recommended the repo rate be cut by 50 basis points, while the rest suggested a 25 bps cut, according to a summary provided by the RBI on Tuesday.
Aug 25, 2015 at 11:02 | Source: CNBC-TV18
Although Tuesday Indian equity witnessed early recovery, it no way suggests an end of turbulance, says says Subir Gokarn, director-research at Brookings India.
Aug 25, 2015 at 08:15 | Source: CNBC-TV18
Union Bank of India | IOC | Vakrangee | Central Bank of India | Chennai Petroleum | Glenmark Pharma | United Breweries | Future Retail | SpiceJet | Crompton Greaves and South Indian Bank are stocks, which are in the news today.
Aug 24, 2015 at 12:08 | Source: PTI
The Governor also hinted at lower rates, saying the RBI will look at emerging room for more accommodation on the back of lower commodity prices, astute food management by the government and strong anti-inflation policy stance of the central bank.
Aug 24, 2015 at 11:40 | Source: CNBC-TV18
In an interview with CNBC-TV18, Sanjay Dutt of Quantum Securities says that India is better placed to handle global crisis than India was in 2008.
Aug 24, 2015 at 11:29 | Source: Moneycontrol.com
Market share of existing banks unlikely to be seriously impacted, says CRISIL.
Aug 21, 2015 at 20:21 | Source: PTI
There could also be a positive rub-off on existing banks partnering with payments banks through increased access to unbanked and under-banked areas in a cost-efficient manner.