The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.
07 Aug 2019 12:49 PM
Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.
06 Aug 2019 5:54 PM
Experts see the slowdown of global economic growth and lack of impetus in domestic inflation as reasons for a 25 bps rate cut.
06 Aug 2019 1:12 AM
Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.
05 Aug 2019 4:50 PM
Industry also expects the six-member MPC to take steps to improve liquidity situation and also ensure transmission of rate cuts.
05 Aug 2019 9:38 AM
The currency manipulator tag has gained greater focus in the heat and dust of trade wars.
27 Jul 2019 7:59 AM
RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.
26 Jul 2019 1:30 PM
India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.
25 Jul 2019 11:48 AM
RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.
22 Jul 2019 2:26 PM
At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.
20 Jul 2019 10:54 AM
During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.
08 Jul 2019 7:49 PM
Das said the headline Consumer Price Index Inflation (CPI) has evolved broadly along the projected lines.
21 Jun 2019 3:15 AM
The FSDC is the apex body of sectoral regulators, headed by the finance minister.
19 Jun 2019 7:15 PM
In first week of June RBI had lowered the repo rate to 5.75 per cent.
19 Jun 2019 2:20 PM
Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of PSBs.
09 Jun 2019 8:28 AM
The SC had clarified that the Centre has to authorise the RBI to issue direction to banks/non-banks if it were an insolvency case.
07 Jun 2019 6:56 AM
On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.
06 Jun 2019 4:41 PM
MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.
06 Jun 2019 3:36 PM
DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.
06 Jun 2019 1:18 PM
On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's default as NPA.
06 Jun 2019 1:18 PM