Oct 01, 2014 at 17:44 | Source: Moneycontrol.com
The RBI kept benchmark rates unchanged at its monetary policy review on Tuesday, and at the same signaled that the next rate cut was unlikely before end 2015, if at all.
Oct 01, 2014 at 13:13 | Source: Moneycontrol.com
This is the third reduction in jet fuel rates since July. Declining international oil prices have made imports cheaper, resulting in price reduction. Jet fuel price was slashed by Rs 2077.62 per kilo-litre, or 2.98 percent in Delhi to Rs 67,525.63 per kl.
Oct 01, 2014 at 09:27 | Source: PTI
In an exchange filing on Tuesday, the banking giant said it has reduced the pricing of short-term deposits of below Rs 1 crore to 6 percent from 7 percent now for a maturity of 7 to45 days.
Sep 30, 2014 at 21:07 | Source: PTI
State-owned oil firms, which skipped raising rates on September 16 even though their cost had gone up, cut prices in view of the downward trend in international markets. Petrol price was reduced by 54 paisa a litre without including local sales tax or VAT, with effect from midnight tonight.
Sep 30, 2014 at 16:12 | Source: CNBC-TV18
The RBI Governor Raghuram Rajan stayed put on the key policy rates in his fourth bi-monthly credit policy review today but sounded caution as far as meeting 2016 inflation target was concerned. The apex bank retained the growth projection for FY15 at 5.5 percent and forecasts FY16 growth at 6.3 percent.
Sep 30, 2014 at 15:05 | Source: PTI
This is the fourth consecutive time that the RBI has kept key interest rates unchanged despite clamours from the industry to cut rates to boost economy.
Sep 30, 2014 at 13:55 | Source: CNBC-TV18
TT Srinivasaraghavan, managing director, Sundaram Finance says the companys disbursements are pretty flat due to low commercial vehicle sales.
Sep 30, 2014 at 13:54 | Source: PTI
Under-recovery or the difference between retail price and its imported cost was wiped out and there was an over-recovery of 35 paise a litre from September 16. This over-recovery is now about Re 1 a litre.
Sep 30, 2014 at 12:39 | Source: CNBC-TV18
The Reserve Bank of India Governor Raghuram Rajan stayed put on the key policy rates in his fourth bi-monthly credit policy review today, but sounded caution as far as meeting 2016 CPI target was concerned.
Sep 30, 2014 at 10:00 | Source: Moneycontrol.com
The Reserve Bank of India will announce its monetary policy today at 11 am. Experts do not see any rate cut but they feel there could be SLR cut.