Jun 17, 2015 at 19:59 | Source: PTI
"So, is the stance of current (monetary) policy appropriate? Of course, that is difficult to say but at the very least, there needs to be more analytical discussion". In particular, there needs to be greater recognition that these are unusual times.
Jun 15, 2015 at 16:39 | Source: Moneycontrol.com
According to Emkay, currency weakening, rise in global rates, firming up of global commodity prices, domestic factors such as potential fiscal expansion and impact of rise in service tax on domestic inflation is likely to keep RBI aligned to an adaptive monetary stance, says the report.
Jun 10, 2015 at 08:45 | Source: Moneycontrol.com
Focus only and only on your position, asserts Ganesha for you today. Do not waste your time and thoughts on the news circulating regarding crude oil, US dollar, Indian rupee, monsoons or their arrival date/s, RBI policy etc. as they will distract you.
Jun 09, 2015 at 08:16 | Source: PTI
After blaming RBI earlier for keeping interest rates high, former finance minister Yashwant Sinha today trained his guns on banks for keeping lending rates high and asked them to pass on the entire 75 basis points cut in the policy rates to borrowers.
Jun 08, 2015 at 18:04 | Source: PTI
Soon after RBI's second bi-monthly policy review for 2015-16 on June 2, a number of banks, including largest public sector lender SBI, have cut the minimum lending rates. Also, several banks have cut the rates of interest they offer to customers for keeping their deposits.
Jun 05, 2015 at 21:48 | Source: PTI
Observing that he had cut benchmark lending rate by 0.25 percent earlier this week despite several risks, the RBI chief said that future policy action would be contingent on domestic and global factors.
Jun 04, 2015 at 08:44 | Source: CNBC-TV18
Prediction of a weak Monsoon by IMD, upward risks to inflation articulated by RBI, possibility of prolonged pause in policy rates & rise in yields globally has turned the bond market sentiments negative, says Mohan Shenoi, Kotak Mahindra Bank.
Jun 03, 2015 at 14:54 | Source: PTI
As part of its second bi-monthly monetary policy review, RBI cut the repo rate (short-term lending rate) from 7.5 percent to 7.25, but left other policy tools like cash reserve ratio unchanged at 4 percent and Statutory Liquidity Ratio (SLR) at 21.5 percent .
Jun 03, 2015 at 11:41 | Source: CNBC-TV18
In an interview to CNBC-TV18, Arun Kaul of UCO Bank, shares his views on the RBI's latest monetary policy.
Jun 02, 2015 at 18:11 | Source: IBNLive.com
Prime Minister Narendra Modi has expressed concern over the issue and the Cabinet Secretary will chair a meeting on Tuesday to assess the situation. The news comes even as the country is battling a severe heatwave which has led to the deaths of over 2200 people.