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    • Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts

      Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts

      Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.

    • Note ban a short term disruptor but game changing move: D Parekh

      Note ban a short term disruptor but game changing move: D Parekh

      Parekh is now betting on Union Budget to revive the consumption story. He said that these are difficult times and expects the Finance Ministry to introduce sops for industry as well for the individuals.

    • India Inc disappointed as RBI keeps rates unchanged

      India Inc disappointed as RBI keeps rates unchanged

      With RBI belying expectations of a rate cut, India Inc today expressed disappointment saying a rate cut was needed to provide fillip to the flagging industrial economy and stimulate consumption that has been hit by demonetisation.

    • Status quo on rates disappointing, says Arundhati Bhattacharya

      Status quo on rates disappointing, says Arundhati Bhattacharya

      State Bank of India chief Arundhati Bhattacharya said RBI Governor Urjit Patel-led Monetary Policy Committee‘s status quo on rates was disappointing as the market was expecting a 25 basis point cut. Oil prices and a likely rate hike by the US Federal Reserve would have played a role in MPC‘s decision-making process, she added.

    • 'RBI's move not earth shattering, won't lead to major sell-off'

      'RBI's move not earth shattering, won't lead to major sell-off'

      Post the monetary meet, Khemani told CNBC-TV18 that the central banks decision is not earth shattering and the market has already factored tepid growth in earnings this year.

    • Incremental CRR withdrawal a relief to banks: Experts

      Incremental CRR withdrawal a relief to banks: Experts

      The RBI has kept in the mind the possible rise in crude prices when keeping the rates unchanged, says Sajjid Chinoy, Economics, JPMorgan. A sudden surge in crude prices could create inflationary pressure on the economy.

    • Rate cut transmission to be gradual, says Keki Mistry

      Rate cut transmission to be gradual, says Keki Mistry

      On Rajan's persistent worry on slow transmission of rate cuts by banks, HDFC Vice Chairman Keki Mistry says it will happen with time as the incremental cost of funding of banks reduces.

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