Apr 25, 2017 at 16:06 | Source: PTI
D&B expects the CPI inflation to be in the range of 3.5- 3.7 per cent and WPI inflation to be 5.4-5.6 per cent during April this year. According to official data, retail prices jumped to a 5- month high of 3.81 per cent in March while WPI-based inflation slipped to 5.70 per cent in March.
Apr 21, 2017 at 12:36 | Source: Reuters
The Reserve Bank of India had opted to leave the repo rate unchanged at 6.25 percent on April 6, and the minutes released on Thursday showed the six-member monetary policy committee had cited upside risks to inflation as the main reason for the decision.
Apr 21, 2017 at 08:45 | Source: PTI
"The possibility of the banks reducing lending rates is not very much in the horizon. There may be some small adjustments. But I do not see the lending rates coming down because the banks do feel the pressure of the stressed assets," he told PTI here.
Apr 20, 2017 at 18:34 | Source: Moneycontrol.com
In the minutes of the Monetary Policy Committee meeting, RBI Governor Urjit Patel said that for efficient monetary transmission, it is important that interest rates on small savings are not out of line with interest rates on other comparable instruments in the financial system.
Apr 20, 2017 at 16:39 | Source: PTI
The RBI's 'prompt corrective action' (PCA) framework suggests a greater willingness to regulatory action to address problems of struggling banks, Fitch Ratings said today.
Apr 20, 2017 at 11:36 | Source: Reuters
Earlier this month, the Reserve Bank of India raised a secondary rate while holding the key repo rate steady to mop up excess liquidity from the government's demonetisation drive, making it the fourth meeting in a row it has surprised markets.
Apr 19, 2017 at 16:31 | Source: PTI
The Reserve Bank of India today fixed the reference rate of the rupee at 64.5443 against the US dollar and 69.1915 for the euro.
Apr 19, 2017 at 13:08 | Source: PTI
According to the global financial services major, rural demand is already reviving and the autumn kharif farm income has jumped by 26 per cent last year.
Apr 17, 2017 at 11:15 | Source: Moneycontrol.com
Customers are fighting against the rising fees on banking services, hidden charges, higher interest rates, and mis-selling of other banking products, and such.
Apr 13, 2017 at 19:26 | Source: PTI
The RBI, meanwhile, fixed the reference rate for the dollar at 64.3165 and for the euro at 68.6193.