RBI's internal group report on lending rates has suggested that pricing should be linked to external benchmark rates in a time-bound manner to improve transmission of policy rates
Your lending rates will soon be priced in a much more transparent manner as the Reserve Bank of India aims to link the rates to an external benchmark.
The MPC has not viewed the recent growth slowdown as being structural in nature and is expecting it to be transient with growth prospects likely to improve over the medium term, says ICICI Bank's Chanda Kochhar
Recapitalising public sector banks adequately will ensure that credit flows to the productive sectors are not impeded and growth impulses not restrained, the policy document said, which pushed PSU banks higher.
The Reserve Bank of India (RBI) on Wednesday kept its key lending rate—the repo rate—unchanged at 6 percent, dashing hopes of lower borrowing costs for households and the companies ahead of the festival season.
Stay tuned as we bring you live updates and much more on the RBI's 4th bi-monthly monetary policy announcement. The announcement will begin at 14:30 IST.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
A look at top cues from domestic and international cues that could have a bearing on D-Street.
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.