Feb 08, 2017 at 19:18 | Source: Moneycontrol.com
Reserve Bank of India Governor Urjit Patel, known for calling RBI an owl, may have turned hawkish on its monetary policy stance towards the year end.
Feb 08, 2017 at 15:17 | Source: Moneycontrol.com
RBI Governor Urjit Patel disappointed market expectations maintaining a status quo of repo rate. In the run up to RBIs Monetary Policy meeting, market analysts and bankers were gunning for a reduction in repo rate. Patels third monetary policy review comes a week after Finance Minister Arun Jaitley present Union Budget 2017-18.
Feb 07, 2017 at 13:44 | Source: Reuters
A Reuters poll last week, conducted before the government presented its annual Budget, showed 28 of 46 participants expected the RBI on Wednesday to cut the repo rate by 25 basis points to 6.0 percent, its lowest since November 2010. Another two expected a 50 bps cut.
Aug 09, 2016 at 10:40 | Source: Moneycontrol.com
Reserve Bank Governor Raghuram G Rajan presented his last monetary policy review. Updates here.
Feb 02, 2016 at 08:57 | Source: Reuters
Having cut the policy repo rate by 125 basis points in 2015, RBI Governor Raghuram Rajan warned on Friday against straying from the path of fiscal consolidation or relaxing the fight against inflation.
Mar 04, 2015 at 16:01 | Source: PTI
Encouraged by softening inflation and fiscal consolidation roadmap presented by the government, the Reserve Bank of India on Wednesday slashed key policy (repo) rate by 0.25 percent to 7.5 percent, the second such surprise rate cut outside the regular policy review in less than two months.
Jul 30, 2013 at 11:10 | Source: Moneycontrol.com
The RBI in its first quarter (April-June, 2013-14) monetary policy left key rates unchanged hinting at rate cuts in future subject to market stability. With this, D Subbarao, the governor who had taken the central bank assignment in September, 2008; presented his last quarterly policy before he hangs up his boots in September this year.
Jun 08, 2012 at 16:39 | Source: PTI
Bankers today said they expect the Reserve Bank to cut its key rates by 0.25% at the forthcoming mid-quarter review given the present need to boost growth.
Jul 27, 2010 at 10:43 | Source: CNBC-TV18
The Reserve Bank of India has raised the repo by 25 bps to 5.75% from the current 5.5%. The reverse repo has also been hiked to 50 bps to 4.5% from the present 4%. The cash reserve ratio has been kept unchanged at 6%.