RBI has been consistently reprimanding banks for not doing enough to pass on the full benefit of its rate actions to the borrowers .
The roadmap will include the priority areas for developing a transparent, comprehensive and near-real-time registry.
The Reserve Bank of India (RBI) on Wednesday cut its key lending rate —the repo rate — by 25 basis points (0.25 percentage points) to 6 percent
Despite the monetary easing the question still remains whether it will be passed on to the end consumer or not?
Real estate and banking experts anticipate the home loan interest rate to hover around 8 percent once the banks decide to pass on the benefit to consumers.
In line with street expectation, the RBI reduced the repo rate by 25 bps to a 6-1/2 year low of 6 percent.
Mehrotra expects the yield curve to steepen driven by the surge of liquidity in the banking system post demonetisation.
Both domestic and foreign investors are focused on long-term growth in India than just the market, says Sanjay Shah, Co-Country Head & Co-Head of Indian Equity Business. Morgan Stanley.
Reserve Bank of India kept the key policy rate unchanged at 6.25 percent for the fourth time in a row.
In an interview to CNBC-TV18, A Prasanna, Chief Economist at I-Sec Primary Dealership Unit shared his views and outlook on the same. He expects to see some disruption in growth momentum in H1FY18 because of preparations for goods and services tax (GST).
Here are five reasons why the Reserve Bank of India's Monetary Policy Committee cut inflation target for the fiscal.
If the monsoon is progressing well, we think August would be the right time for a rate cut before inflation begins to turn up later in the year, said JP Morgan's Sajjid Chinoy.
The Monetary Policy Committee today decided to leave the repo rate unchanged but cut SLR by 50 basis points with no change in held-to-maturity (HTM).
The 7th of every month is Mutual Fund Day here at the CNBC-TV18 stable. In an interview to CNBC-TV18, Navneet Munot, CIO of SBI MF shared his views and outlook on financial health as well as his expectations from Reserve Bank of India (RBI) policy.
According to CNBC-TV18 poll, 100 percent of the respondents that include top brokers and economists do not expect any action from the RBI on the repo rate and CRR.
Risks to inflation amid uncertainty around the impact of GST implementation and monsoon with low credit demand, is likely to keep key policy rate or repo rate unchanged at 6.25 percent.
The Reserve Bank of India (RBI) is set to announce the second bi-monthly monetary policy today and the markets have factored in a no action policy. In an interview to CNBC-TV18, Jahangir Aziz of JPMorgan shared his expectations on the same.
Not so quickly perhaps. The ground reality might warrant a change in policy stance from ‘neutral’ to ‘accommodative’ before Street should start expecting a decisive rate cut.
Market staged a recovery after the central bank maintained a status quo on repo rate; real estate stocks gained on the back of its decision to allow banks to invest in REITs.
All eyes on the outcome of the RBI's decision on key interest rates which will be out later today.
Dragonfly Doji pattern signals indecision among bulls as well as bears but it also points to the fact that buying emerged at lower levels and bulls managed to push the index towards opening.
The index may trade sideways on Wednesday ahead of the Reserve Bank of India’s policy review which will be out on Thursday. Market participants are expecting a status-quo stance this time from RBI but the commentary on rate cuts will give direction to markets.
The meeting of Monetary Policy Committee scheduled on April 5 and 6 will be closely watched by the Street. Majority expect status quo this time despite encouraging retail inflation data.