May 26, 2015 at 10:34 | Source: PTI
The Indian Banks Association (IBA) said it has urged the Finance Ministry to bring down interest rates on small savings schemes such as the Sukanya Samridhi and National Savings Scheme.
Apr 08, 2015 at 13:47 | Source: Moneycontrol.com
CARE Ratings has come out with its report on RBI's Monetary Policy. The rating agency foresee a 50 basis points cut in the repo rate in FY16, the same is unlikely to be seen till June '15, says the report.
Apr 08, 2015 at 07:50 | Source: CNBC-TV18
Indian indices are expected to open in green with the SGX Nifty, an indicator of pre-market opening, up around 17 points to 8744 at 7:45 hrs.
Apr 07, 2015 at 10:41 | Source: CNBC-TV18
The Reserve Bank of India is unlikely to cut either the benchmark repo rate or cut banks' reserve requirements, Union Bank of India CMD Arun Tiwari told CNBC-TV18 in an interview.
Apr 07, 2015 at 08:32 | Source: CNBC-TV18
Chetan Ahya, MD, Morgan Stanley believes there is enough liquidity available in the banking system and therefore, there does not seem to be any justification for a CRR cut by the RBI.
Apr 06, 2015 at 20:10 | Source: CNBC-TV18
Industry bigwigs such as Rahul Bajaj and Adit Godrej hope for a rate cut. Though Bajaj believes a rate cut tomorrow is highly unlikely. Godrej on the other hand is also hoping for some action on the CRR and SLR front.
Apr 06, 2015 at 15:17 | Source: CNBC-TV18
Gaurav Kapur of RBS believes the repo rate will be left unchanged after the 50 basis points cut over the past two-and-a-half months. Focus will be on RBIs assessment on inflation and growth, he says. He expects some steps on monetary transmission.
Apr 06, 2015 at 08:51 | Source: Moneycontrol.com
JP Morgan economist Chinoy does expect the RBI to cut the cash reserve ratio (CRR) either but sees the central bank continuing with its relaxation of statutory liquidity ratio norms.
Apr 06, 2015 at 08:43 | Source: Moneycontrol.com
Credit Suisse thinks even if the pressure on liquidity were to sustain, RBI will prefer to address it with Open Market (OMO) Purchases rather than CRR
Apr 02, 2015 at 15:27 | Source: CNBC-TV18
Sonal Varma, chief economist, Nomura does not see any rate cut in April. She believes the RBI has frontloaded the interest rate cuts in order to give more time to banks to respond going forward. She feels there is the probability of one more rate cut after that.