Friday, Mar 29, 2024 | Last Update : 04:35 PM IST

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India central bank set to cut rates again as fiscal measures fail to cheer

With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.

02 Oct 2019 2:41 PM

RBI begins policy review meet; rate cut on cards to boost economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

01 Oct 2019 5:19 PM

Before RBI clampdown, PMC Bank saw huge cash withdrawals from big depositors

RBI has put on PMC strict restrictions including limiting withdrawals at Rs 10,000 and banning it from lending for next six months.

01 Oct 2019 9:42 AM

India's external debt rises to USD 557.4 billion end-June 2019

Excluding the valuation effect, the increase in external debt would have been USD 12.4 billion instead of USD 14.1 billion.

01 Oct 2019 9:15 AM

PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

30 Sep 2019 3:38 PM

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IAS Kshatrapati Shivaji front runner for RBI deputy governor post: Report

Since December 2016, Kshatrapati Shivaji is working with the Asian Development Bank as an executive director.

30 Sep 2019 3:18 PM

RBI to cut rates again on Friday

However, economists differ on the quantum of the rate cut ranging from 15 basis points to 50 basis points.

30 Sep 2019 1:38 AM

PMC's HDIL loan at Rs 6,500 cr, or 73 pc of total loan book: Ex-MD Thomas to RBI

The admission came in after a board member leaked the actual balancesheet details to the RBI, said a source.

29 Sep 2019 6:02 PM

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.

29 Sep 2019 4:33 PM

Govt may seek Rs 30,000 cr interim dividend from RBI

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.

29 Sep 2019 2:38 PM

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RBI rate decision, macro data to steer markets in holiday-shortened week: Analysts

Markets would remain closed on Wednesday for 'Mahatma Gandhi Jayanti'.

29 Sep 2019 11:06 AM

Remove withdrawal limit on PMC customers: Congress

The party also attacked the Modi government on the rising prices of onions.

28 Sep 2019 2:44 AM

When bizmen default, taxpayers lose savings

It appears wisdom is yet to dawn despite serious banking events that keep bobbing up every few months.

28 Sep 2019 12:00 AM

Plea for probe into alleged misappropriation of funds by Indiabulls, HC seeks reply

A bench of Chief Justice D N Patel and Justice C Hari Shankar issued notice to the Centre, RBI and Indiabulls.

27 Sep 2019 3:29 PM

RBI raises withdrawal limit for PMC bank customers to Rs 10,000

In a statement, the central bank said PMC Bank customers can now withdraw Rs 10,000 from their account, instead of Rs 1,000.

26 Sep 2019 4:39 PM

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PMC Bank has enough liquidity, depositors' money fully safe, claims suspended MD

RBI has capped cash withdrawal at Rs 1,000 per customer during this period and banned the bank from any fresh lending.

26 Sep 2019 12:49 PM

RBI rebuts social media rumours on closure of 9 banks

Finance secretary Rajiv Kumar discribed such social media messages as 'mischievous.'

25 Sep 2019 5:30 PM

Experience more relevant than what you learnt 35-40 years ago: RBI Gov Das

RBI Gov Shaktikanta Das was responding to a question whether his academic qualification weighed him down as the governor.

22 Sep 2019 6:43 PM

Govt doing everything possible to bring India back on high growth path: Kant

We need to think what kind of innovation we need to undertake to attain a high growth, said Niti Aayog CEO Amitabh Kant.

18 Sep 2019 6:16 PM

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown.

18 Sep 2019 12:42 PM

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