Jul 24, 2014 at 17:19 | Source: PTI
Reserve Bank is scheduled to announce its bi-monthly monetary policy on August 3. It is largely believed that RBI is going to keep interest rate intact as there is pressure on inflation due to deficient rainfall in the country.
Jul 16, 2014 at 09:52 | Source: Moneycontrol.com
Kotak Securities feels that interest rates will move lower to 9.25 percent for ticket sizes of upto Rs 50 lakh and cost of funding for developers will also come down. "It is a huge encouragement for the housing sector. It will help more money come into the system," says Keki Mistry, HDFC, CEO.
Jul 14, 2014 at 19:11 | Source: Moneycontrol.com
CARE Ratings has come out with its analysis on the Union Budget 2014-15. "GDP growth is likely to be in the range of 5.4% - 5.9%", says the rating agency.
Jul 11, 2014 at 17:23 | Source: Moneycontrol.com
The proposals in the Union Budget 2014-15 are neutral for the construction sector in the short-term, though the governments emphasis on infrastructure creation is a positive in the medium-to-long term, says India Ratings.
Jul 11, 2014 at 15:32 | Source: Moneycontrol.com
The union budget attempts to revive economic growth under the given macroeconomic constraint. The government has given a fillip to household savings by raising the tax exemption limits, says India Ratings.
Jul 11, 2014 at 15:31 | Source: Moneycontrol.com
The proposal to relax the banks cash reserve ratio and statutory liquidity ratio requirements for long-term infrastructure bonds, put forth in the Union Budget 2014-15, will not only create an appetite for longer-term investments but also deepen the debt markets, says India Ratings.
Jul 11, 2014 at 15:30 | Source: Moneycontrol.com
The gradual targeted reduction in fiscal deficit if achieved is likely to provide domestic currency stability, in absence on any external shock, says India Ratings.
Jun 04, 2014 at 14:38 | Source: Moneycontrol.com
ICRA has commented on RBIs second BI-Monthly monetary policy statement for 2014-15. The research firm believes that, a rate easing cycle is unlikely to commence before the second half of the current fiscal. "RBI maintains Repo rate at 8%; reduces SLR by 50 bps to facilitate credit growth", says the report.
Jun 03, 2014 at 15:09 | Source: Moneycontrol.com
The Reserve Bank of India has cut the SLR rates by 50 bps to 22.5 percent in its second bi-monthly Credit Policy, while keeping the repo, CRR rates unchanged.
Jun 03, 2014 at 14:36 | Source: CNBC-TV18
Commenting on the ECR cut, VS Parthasarathy Chief Financial Officer, Mahindra & Mahindra says it will not have much of an impact on the auto industry per se