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2 mins read
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…
2 mins read
RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows
The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
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…
1 min read
RBI hikes repo rate by 40 basis points to 4.4% as it seeks to reign in inflation
The Reserve Bank on Wednesday announced a hike in cash reserve ratio (CRR) by 50 basis points to 4.…
PTI
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…
2 mins read
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
3 mins read
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
3 mins read
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…
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 …
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…
2 mins read
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…
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 …
2 mins read
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…
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
2 mins read
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
2 mins read
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…
2 mins read
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…
1 min read
RBI maintain status quo, says growth will gradually strengthen by the end of FY17
While addressing mediapersons, Rajan said the momentum of growth was slow over mid term and was exp…
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…