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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
RBI cuts repo rate by 25 bps to 6.50 per cent, CRR unchanged
In all, Rajan reduced repo rate by 125 bps in 2015. However, banks have failed to pass on the same,…
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 …
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…
2 mins read
Highlights of RBI's monetary statement
* RBI assures that banking system in India safe; deposits safe in private bank; public should not …
PTI
1 min read
RBI keeps repo rate unchanged at 7.25%, CRR unchanged at 4%
RBI says policy stance to be conditioned by fuller transmission of rate cuts by banks, food prices …
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…
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 …
5 mins read
Aadhaar Gaining More Teeth, To Play Key Role In ‘Banking For All’
Except for the Aadhaar part.
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…
2 mins read
Highlights of RBI's monetary policy statement
* RBI assures that banking system in India safe; deposits safe in private bank; public should not …
PTI
3 mins read
RBI is using lessons from 2008 financial crisis to handle the Covid-19 lockdown effect on the economy
The global financial crisis of 2008 was the biggest economic crash of the 21st century — that is …
2 mins read
Every box in our wishlist is ticked says bankers on RBI’s rate cut and other moves
Indian banks can now lend more money at cheaper rates and will be able to stress less about recover…
4 mins read
RBI Governor Shaktikanta Das gives a massive relief to the realty sector - that the Union Budget did not
India’s central bank today kept the base interest rates unchanged at 5.15%. However, it als…
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
6 mins read
RBI governor Shaktikanta Das cuts interest rates by 75 basis points to 4.4%
Asia's third-largest economy, India, is reeling under the sudden squeeze due to the lockdown impose…
3 mins read
RBI announces incentive for lending to MSME, home, auto sectors
"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…
PTI
1 min read
RBI extends enhanced borrowing limit under MSF till Sep 30
The RBI, as a temporary measure, had increased the borrowing limit of scheduled banks under the ma…
PTI
1 min read
RBI steps to help increase liquidity, reduce panic: Findoc Group
"Some private banks were in trouble and making up their CRR though wholesale market. This has defin…
PTI
2 mins read
RBI steps to help mitigate impact of coronavirus lockdown on biz: Industry
"This, together with a host of other measures to boost liquidity will address the financial stress…