The two finance ministry officials said the government expects at least another 50 bps cut by August.
15 May 2019 3:38 PM
The new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent earlier.
10 Apr 2019 8:38 AM
The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.
05 Apr 2019 8:40 AM
Economists at Japanese brokerage Nomura said they expect another rate cut in June with a 40 per cent probability.
05 Apr 2019 8:30 AM
In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the first half of 2019-20.
04 Apr 2019 12:38 PM
The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.
04 Apr 2019 11:53 AM
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
The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.
01 Apr 2019 2:27 PM
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 interest rates on Sukanya Samriddhi account remain unchanged at 8.5 per cent.
30 Mar 2019 1:27 PM
Indian market has witnessed increasing participation from non-resident players like FPIs in debt.
28 Mar 2019 9:57 AM
The Fed has become increasingly worried about meeting its 2 per cent inflation target.
23 Mar 2019 1:30 PM
The repo rate is currently at 6.25 pc after the Feb 7 review where the central bank surprisingly lowered the repo rate by 25 bps.
09 Mar 2019 12:17 PM
Under the scheme, an additional 2 per cent interest subvention is provided to farmers repaying loans promptly.
08 Mar 2019 10:57 AM
CPI inflation is likely to remain below 4 per cent until October and averages at 3.8 percent in FY20.
27 Feb 2019 5:25 PM
This will serve as an essential corpus building time for investors, especially senior citizens.
22 Feb 2019 5:02 PM
The interest rate is credited into the subscribers account after the Finance Ministry's approval.
21 Feb 2019 5:05 PM
RBI unexpectedly reduced interest rates by 25 basis points - showed the central bank will make the same move next quarter.
08 Feb 2019 11:47 AM
RBI has reduced repo rate by 0.25 per cent to 6.25 per cent.
07 Feb 2019 3:18 PM
Interest rate on bulk deposits are marginally higher than smaller-amount fixed deposits for similar maturity period.
07 Feb 2019 2:07 PM