Cut Rates

Ahead of the Reserve Bank of India (RBI) meeting on February 8, the question doing the rounds is whether the Central Bank will cut rates or hold its decision to do so in the meet next week. Economist Pronab Sen said that growth will be muted for a while and he expects RBI to cut interest rates by 25 bps.

NPA resolution, merger, digitalization top priorities: SBI chief

In an interview with CNBC-TV18, Arundhati Bhattacharya talked about her priorities during the remainder of her term, how much of the Reserve Bank's 1.75 percent rate cut SBI had passed on to customers and the bank's plan to sell non-core assets.

Factory output growth slips; All eyes on RBI for rate cut

The Nikkei India Manufacturing PMI - a composite monthly indicator of manufacturing performance - stood at 52.3 in August, down from a six-month high figure of 52.7 in July, indicating a slower pace of growth in the sector. A figure above 50 represents expansion while one below means contraction.

SBI slashes home loan rates by up to 0.4%

Loans of up to Rs 75 lakh would be available to fresh borrowers at 10.15 per cent against the existing rate of 10.50 per cent. For women borrowers, the rate of interest after an additional concession of 0.05 per cent would be 10.10 per cent for home loans of up to Rs 75 lakh.

Why PSBs may not give cheap loans even after fund infusion

Considering that both CPI and WPI inflation came in a good 30-40 bps higher than the previous month, chances are the RBI will hike the repo rate in the forthcoming credit policy and therefore accordingly the cost of raising deposits for banks will if anything rise.

Better US economy throws wrench in currency markets

Traders say the dollar is also rising because other central banks are jumping on the liquidity bandwagon, with Israel the latest to cut rates, following South Korea, India and Australia in just the last few days.

HDFC Bank cuts lending rates by 0.1% effective Mar 30

HDFC Bank has decided to cut its benchmark lending rates by 0.1 percent with effect from March 30.

Union Bank, PNB cut base rates;OBC ups deposit rates

Making home and auto loans cheaper, Punjab National Bank and Union Bank of India today cut their minimum rates of lending or the base rates by 0.25 percent each to 10.25 percent,

RBI may cut rates by 25 bps, volatile mkt seen: Edelweiss

Hopes are growing that the Reserve Bank of India is likely to cut rates in its monetary policy review on January 29. Rashesh Shah, Edelweiss Financial Services is looking for a 25 basis points (bps) cut in both repo and cash reserve ratio (CRR) and 100 bps cut in the whole of 2013.

Budget 2013: Flat GDP cuts FII eye on Re; fiscal discipline key: Chinoy

Sajjid Z Chinoy of JPMorgan explains that flat GDP growth is preventing any appreciation in the rupee despite significant FII inflows. Chinoy explains, on CNBC-TV18, that the government needs to usher in fiscal discipline to offer the RBI enough room to cut rates and boost growth.

Nifty strong support at 5630; surprise rally possible: Dutt

Sanjay Dutt, Director of Quantum Securities expects market to get into a consolidation mode post its recent rally but does not rule out a surprise rally. He sees Nifty finding support at 5,630 and 5,400 as a strong floor.

India's in a sweet spot now, says Credit Suisse

Robert Prior-Wandesforde, head of India & South East Asia economics at Credit Suisse spoke to CNBC-TV18 about how he reads the India-GDP estimates and what the scene is, going ahead.

Too premature to expect a rate cut, say experts

Disappointing most people, November inflation stuck above 9%. Inflation eased to 9.11% (MoM) versus 9.73 % in October. Vivek Rajpal, Rates Strategist of Nomura India and Rajiv Anand of Axis AMC indicated that the Reserve Bank of India (RBI) and market has expected the inflation to be around 9%.