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RBI decides to withdraw incremental CRR in phased manner and release it by Oct 7

​​ The Reserve Bank on Friday decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), wh…

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3 mins read

RBI tries to boost forex reserves by easing NRI deposit norms

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchan…

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1 min read

Breaking News: RBI keeps repo rate unchanged at 6.25%, to withdraw incremental CRR from Dec 10

Indian economy grew 7.3% between July and September. The announcement comes at a time when there is…

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CRR-exempted loans: RBI says deduction only on incremental lending

Subsequently on February 10, the RBI had clarified that the CRR exemption will be for five years f…

PTI   


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Lending from CRR buffer to get 5-yr exemption: RBI

At the sixth bimonthly monetary policy on February 6, the RBI had said, "Banks can deduct the equi…

PTI   


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RBI Governor Raghuram Rajan under pressure to cut rates: Will he succumb to it?

While retail inflation in June rose to an eight-month high of 5.4%, the overall wholesale price ind…

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1 min read

BREAKING NEWS: RBI cuts repo rates by 50 basis points, CRR unchanged

Now, it is to see that how banks will react to this and cut rates. It is likely that the repo rate …

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2 mins read

SBI, ICICI, HDFC cut rates after Rajan’s ‘scolding’! Now home and auto loans to get cheaper!

ICICI led the pack with the biggest cut, a 25 basis point reduction in its interest rates, while In…

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Despite Rajan’s scolding, banks ‘not ready’ to reduce interest rates

“The banks are not in a position to lower interest rates right now. The provision for Non Performin…

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3 mins read

Raghu doesn't cut rates! Now wait half a year for Banks to cut interest rates!

The Reserve Bank of India (RBI) kept the repo rate unchanged at 7.5% in its monetary policy review …

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Key Policy Rates Remain Unchanged, RBI Governor Calls Rate Cuts Premature

He asserted that although there has been a decline in the headline inflation, the fact that there i…

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1 min read

RBI cuts repo rate by 75 bps to 4.4 pc; slashes CRR by 100 bps

The central bank also reduced the cash reserve ratio (CRR) of all banks by 100 basis points to 3 p…

PTI   


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Banks can save Rs 7,400 cr from lending against CRR, earn Rs 480 cr in additional profits: Report

"We believe that banks' profitability will increase by Rs 480 crore (at 6.5 percent G-sec yield) w…

PTI   


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Decoded: Here’s how repo rate cut will help home-buyers and affect FD investors

Now, it all depends on the banks as since 2015, despite the RBI slashing the repo rate by 1.50%, th…

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1 min read

Breaking News: RBI keeps repo rate unchanged at 6.25%

Consumer prices rose an annual 3.65% in February, and climbed just 3.17% the previous month - the s…

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6 reasons why the RBI kept repo rate unchanged for the third time in a row

The RBI saw inflation at average 4.5% in H1 FY18 and 5% in H2. Meanwhile, the RBI is also planning …

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6 reasons why RBI Raghuram Rajan maintained status quo

Rajan said the budget needed to support growth and check spending. Rajan said the growth had also s…