Oct 22, 2014 at 19:47 | Source: PTI
The minutes of the Technical Advisory Committee (TAC) on monetary policy held prior to the RBI's fourth Bi-monthly Monetary Policy on September 30 revealed that four out of seven external members favoured reduction in repo rate.
Oct 06, 2014 at 17:19 | Source: PTI
Food and fuel inflation in India has remained high for several years, the paper said adding to durably reduce the current high inflation, the monetary policy stance needs to remain tight for a considerable length of time.
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 11:00 | Source: Moneycontrol.com
The central bank has kept key rates unchanged. The Sensex is up 43.32 points at 26640.43 and the Nifty is down 4.20 points at 7954.70. About 1322 shares have advanced, 933 shares declined, and 69 shares are unchanged.
Sep 30, 2014 at 10:59 | Source: Moneycontrol.com
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 29, 2014 at 13:11 | Source: CNBC
The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged at 8.0 percent when it meets on September 30, according to a Reuters poll.
Sep 24, 2014 at 14:05 | Source: Reuters
The survey showed that the RBI is also unlikely to alter either the statutory liquidity ratio (SLR), setting banks' minimum bond holding requirements, or the cash reserve ratio (CRR) that sets the percentage of depositors' balances that banks must keep with the central bank.
Sep 15, 2014 at 18:24 | Source: Moneycontrol.com
CARE Ratings do not expect any change in RBIs policy stance later this month and thereby expect the repo rate to be status-quo at 8%.
Sep 04, 2014 at 13:11 | Source: CNBC-TV18
Jahangir Aziz, chief economist at JPMorgan credits Rajan's success to the steps taken for inflation targeting. He says this is perhaps India's first big chance of breaking the inflation challenge. However, he cautions that rates at the moment are not high enough to meet FY15 inflation target.
Aug 25, 2014 at 10:29 | Source: CNBC-TV18
According to Agam Gupta, the intention of the RBI is very clear. The central bank wants the call rate to be closer to the repo rate and not for it to jump up to 9 percent every now and then, he adds.