Home, auto, and personal loan EMIs are likely to go down although banks are yet to fully pass on the previous cut.
04 Apr 2019 5:16 PM
RBI had proposed that interest rates on loans should be linked to external benchmarks like repo rate from April 1.
04 Apr 2019 3:39 PM
Shaktikanta Das told reporters that the RBI goes with the official statistics prepared by the Central Statistics Office.
04 Apr 2019 2:00 PM
Moody's said the resolution of stressed loans impacted by the circular will be further delayed.
02 Apr 2019 7:42 PM
"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril Amarchand Mangaldas.
02 Apr 2019 5:43 PM
A back-to-back cut in interest rate would provide relief to borrowers in the election season, experts say.
02 Apr 2019 5:05 PM
India’s growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.
02 Apr 2019 11:11 AM
This would be the second such auction within a month.
02 Apr 2019 6:21 AM
Foreign fund movement, trend in rupee and outcome of the US-China trade talks would also be monitored for further cues, analysts said.
31 Mar 2019 12:03 PM
The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).
29 Mar 2019 7:10 PM
Goldman Sachs had earlier expected no change in the policy rate in the April meeting.
28 Mar 2019 6:30 PM
Earlier this month, the RBI had announced that it would buy dollars from banks for three years and offer them rupees in return.
27 Mar 2019 1:41 AM
In this context, Governor Shaktikanta Das said he would meet the heads of payments bank this week.
26 Mar 2019 1:46 AM
The submission was made in compliance with a previous order of the court.
23 Mar 2019 2:10 AM
Trade bodies, including industry chambers, rating agencies and representatives of Bank Depositors' Assn have been called.
17 Mar 2019 3:16 PM
He said the function will be held at Gindun Ground in Rajbagh.
16 Mar 2019 4:47 PM
The decision is based on an assessment of liquidity conditions and also of durable liquidity needs, RBI said.
06 Mar 2019 11:15 AM
The agency noted that the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
28 Feb 2019 12:32 AM
With this, RBI’s total dividend payout to the government for FY19 stands at Rs 68,000 crore.
19 Feb 2019 1:42 AM
The central bank bought USD 837 million and sold USD 230 million in the spot market during the reporting month.
17 Feb 2019 11:34 AM