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RBI is pushing India's stubborn banks to cut lending rates

The RBI governor Shaktikanta Das today said that they are willing to take whatever steps neces…

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3 mins read

RBI cuts repo rate by 25 basis points; expects faster and higher transmission of benefits

India’s central bank cut the repo rate by 25 basis points to 5.75% from 6%, in its bi-monthly pol…

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1 min read

RBI cuts interest rate by 25 basis points and lowers GDP forecast to 6.1%

Indian central bank today cut the repo rate by 25 basis points, and retained its accommodative stan…

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It's time for RBI to do 'whatever it takes' to save India's imploding financial sector, says Vallabh Bhanshali

The country's shadow banks are stuck between a drought in money supply and a wave of bad loans. Wat…

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SBI will cut interest rates on fixed deposits and term deposits by 0.25%

India’s largest private sector bank State Bank of India (SBI) will reduce the interest rates on ter…

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3 mins read

RBI Repo Rate Cut: ‘Rate cut Raghu’ provides ‘Advantage Jaitley’

Barely a day after RBI Governor suggested in a public forum that quick rate cuts might be difficult…

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2 mins read

India’s central bank is calling on the country’s lenders to lower rates

However, the country’s commercial lenders have been slow to pass on the rate cut to consumers in…

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1 min read

RBI's rate cut will make loans affordable: FM

"The RBI decision, not just this one even earlier, has been very timely, well thought through and …

PTI   


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RBI's rate cut to support economy, say bankers

"The RBI continued with its extraordinary commitment in its fight against COVID-19. The latest rou…

PTI   


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India’s wholesale inflation rebounded last month from the 10-month low it hit in January

The latest inflation data released by the Indian government today showed an uptick in the wholesa…