Lowered

Global brokerage Citigroup has lowered India's growth forecast to 6.8 percent for this fiscal from 7.2 percent earlier, as cash crunch has affected pick-up in consumption while uncertainty around demonetisation may further delay any recovery in private investments.

Cost of funds lower now; $20 bn FCNR inflows seen: Yes Bank

RBI's measures to promote currency swaps have helped lower the bank‘s cost of funds (or interest costs), says Rajat Monga of Yes Bank.

Cut Sensex target to 21k for 2013 end; bet on IT: Deutsche

Abhay Laijawala says the steep depreciation in the rupee has delayed the reversal of the trinity- high interest rates, elevated inflation, and widening current account deficit.

PPF, NSC rates cut by 0.1%, savings deposits unchanged

The finance ministry has lowered interest rates on Public Provident Fund (PPF), five-year and 10-year National Savings Certificates (NSC) by 0.1 percent each, with effect from April 1.