Key Policy Rates

The Monetary Policy Committee has so far remained on a growth-supportive stance to guard the economy from the ill-effects of the COVID-19 pandemic.

RBI status quo disappoints demonetisation-hit India Inc

Disappointed with the Reserve Bank's decision to leave key policy rates unchanged, India Inc today said a rate cut was needed to revive demand hit by the cash crunch post demonetisation.

India's GDP to grow by 8.1% in FY17: Yes Bank

The bank has improved its forcast to 8.1 percent year-on-year GDP growth from its earlier 7.8 percent.

RBI to wait and watch how monsoon, inflation turn out: HDFC Bank

Analysts at HDFC Bank expect to see a 25 bps rate cut in the August meeting, after the impact and progress of monsoon plays its course.

RBI likely to hit pause button: Standard Chartered

The central bank is also likely to be cautious due to the recent rise in the headline CPI reading and will keep the repo rate on hold at its monetary policy meeting on June 7, says a Standard Chartered report.

RBI to stay on hold until end-2016: Nomura

The Reserve Bank is unlikely to slash key policy rates until the end of this year as inflation shows no signs of moderating while the 7th Pay Commission hike may add to the rise in prices, says a Nomura report.

Realtors expect positive sentiment from RBI's policy move

Developers hoped that RBI would soon be able to cut policy rates as inflation is expected to ease.

Commerce min pleads Pranab to cut interest rates: Sources

CNBC-TV18's Rituparna Bhuyan reports, quoting sources, that commerce minister Anand Sharma wrote to former finance minister Pranab Mukherjee and demanded his intervention in reducing interest rates

ICICI Bank raises lending rates by 50 basis points

Country's largest private lender ICICI Bank today announced a hike in lending rates by 50 basis points.

Nifty to tread in 5500-5700 for August series: HSBC Invst

"Going forward, the Nifty in August series is likely to tread in the range of 5,500 and 5,700 levels, unless 5,500 is broken out," said Karun Mutha of HSBC Invest Direct in an interview with CNBC-TV18.

RBI's 50 bps hike: Subir Gokarn explains the rationale

The Reserve Bank of India (RBI) hiked its key policy rates, repo and reverse repo, by 50 basis points each. In an interview with CNBC-TV18’s Latha Venkatesh, Subir Gokarn, Deputy Governor, RBI said, just as the RBI is talking about its trajectory for inflation, it would also start worrying if growth goes down.

Cement price down Rs 10-15 a bag, further cut likely

Already down by Rs 10-15 per 50 kg bag across the country, barring Mumbai, since the month's beginning, cement prices may come down further next month due to poor offtake in the seasonal lean period during monsoon.

Bank of India board OKs fund raising via share sale

Bank of India board OKs fund raising via share sale