Apr 28, 2016 at 20:22 | Source: Reuters
Reserve Bank of India Governor Raghuram Rajan went with the majority view of the external members of its monetary policy committee that suggested a repo rate cut at the April review, according to the minutes released on Thursday.
Apr 20, 2016 at 19:00 | Source: PTI
"We are still one of the poorest large countries in the world on a per capita basis and have a long way to go before we reasonably address the concerns of each one of our citizens," Rajan said, adding that the current growth rate needs to be sustained for the next 20 years to ensure a "decent livelihood" for every Indian.
Apr 12, 2016 at 18:35 | Source: CNBC-TV18
In an interview with CNBC-TV18, Shikha Sharma, MD and CEO of Axis Bank said that RBIs repo rate cut prompted this move and this rate cut will not impact the banks margins as it comes from the reduction of costs.
Apr 06, 2016 at 21:46 | Source: PTI
With the reduction in policy rate by the Reserve Bank, NBFCs say they are likely to cut their lending rates by 25-50 bps over next three-four months.
Apr 06, 2016 at 13:24 | Source: CNBC-TV18
On the sidelines of the Credit Suisse Asia Investment Conference, Santitarn Sathirathai told CNBC-TV18 that RBI intends to balance rate cut in order to boost growth and with some lag time this will improve real economy.
Apr 05, 2016 at 16:33 | Source: CNBC-TV18
Market experts are divided on the near-term trend. While some believe this correction is an ideal time to start buying, some others advise caution.
Apr 05, 2016 at 16:10 | Source: Moneycontrol.com
The Reserve Bank of India slashed repo rate (at which banks borrow funds from RBI) to five-year low of 6.5 percent, which was on expected lines and already discounted by the market.
Apr 05, 2016 at 14:44 | Source: PTI
"Factors such as soft global commodity prices, expectations of a normal monsoon, cut in small savings rate and the government delivering on fiscal prudence in the Budget have made it the right time for the RBI to take monetary policy action and lean more towards growth," CII Director General Chandrajit Banerjee said.
Apr 05, 2016 at 13:02 | Source: PTI
Unveiling the first bi-monthly monetary policy for the current fiscal, RBI Governor Raghuram Rajan said banks have already cut interest rates by 0.25-0.5 percent and after today's rate cut borrowings will become cheaper further.
Apr 05, 2016 at 12:00 | Source: Moneycontrol.com
The market fell more than 1 percent in noon trade, dragged by banks after the Reserve Bank of India cut repo rate and statutory liquidity ratio.