Feb 18, 2014 at 10:14 | Source: PTI
Only two members called for a hike in interest rates citing the pressures on inflation, while one asked for the key repo rate to be cut to accommodate concerns on growth while a majority four members asked for a status quo during the meeting on January 20.
Feb 11, 2014 at 20:56 | Source: PTI
"Existing holders of UBI's outstanding legacy Basel II Tier 1 and Upper Tier 2 capital instruments will face the prospect of automatic coupon deferral as per RBI regulations if the total capital ratio, which is currently borderline at 9 percent, were to be breached."
Feb 04, 2014 at 16:02 | Source: Moneycontrol.com
If progress on the policy front does not manifest as envisioned, GDP growth could linger around current levels in 2014-15. Therefore, the cost of policy inaction would be very high for the economy.
Jan 31, 2014 at 17:11 | Source: Moneycontrol.com
It was a lacklustre session for the market today after it discounted all the major (negative) events happened in last five sessions that dragged the Sensex nearly 900 points. Events were currency crisis in Turkey-Argentina, repo rate hike by RBI, fiscal stimulus cut by Federal Reserve and China PMI at six-month low.
Jan 29, 2014 at 12:57 | Source: Moneycontrol.com
The RBI is likely to continue address frictional liquidity concerns through a combination of term repos and open market operations to ensure adequate flows to productive sectors, says ICRA.
Jan 29, 2014 at 11:28 | Source: CNBC-TV18
On Tuesday, Rajan did the unexpected by raising repo rates by 25 bps to 8 percent, citing elevated retail inflation as the reason for his action. The move was cushioned by somewhat dovish statement that further rate hike can wait if current steps yield the desired result.
Jan 28, 2014 at 18:44 | Source: Moneycontrol.com
India Ratings & Research (Ind-Ra) says that the number of stressed corporates in BSE 500 may creep up to 10.7 percent from 9.5 percent (currently) from the 25bp increase in repo rate.
Jan 28, 2014 at 17:07 | Source: Moneycontrol.com
The recovery in the market may be in anticipation of less chance of further rate hike, experts believe, but they have not completely ruled out rate hike as the decision is depend on CPI inflation.
Jan 28, 2014 at 13:07 | Source: Moneycontrol.com
In its third quarter review of monetary policy, the Reserve Bank of India surprises street by hiking repo rate by 25 basis points, reversing market expectation that the central bank will hold rates.
Jan 28, 2014 at 12:40 | Source: CNBC-TV18
In an interview to CNBC-TV18's Latha Venkatesh, C Rangarajan, chairman, Economic Advisory Council, says that if inflation moves along the direction expected, todays rate hike may perhaps be the last in the series of raising the policy rate.