Rate Cut

Saturday, Apr 20, 2024 | Last Update : 04:13 AM IST

RBI has cut rates by a total of 135 basis points in five moves in 2019 and shocked markets by holding rates steady at its December meeting.

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM

The gross domestic product numbers released on Friday showed government spending helping to prop up weak demand.

RBI may go for sixth repo rate cut to boost economy

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

03 Dec 2019 2:08 PM

The RBI minutes from October policy review underscored the monetary policy committee members' unanimous decision to keep rates lower.

RBI may cut rates in December: report

A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.

24 Oct 2019 1:10 PM

In the April-July period, total tax revenues of 20 Indian states fell 7 per cent to 4.9 trillion rupees compared with the same period last year.

GST panel unlikely to favour tax rate cut for auto sector: sources

Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to 18 pc from 28 pc.

18 Sep 2019 8:58 AM

Reserve Bank of India had slashed repo rate by 110 basis points so far this year, to 5.40 per cent.

Rate cuts not enough to re-fire damp India housing market: Report

Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance sheets.

28 Aug 2019 12:03 PM

India is amidst an economic and financial slowdown with minimal support from fiscal policy.

RBI not done with easing, to cut in October and early next year: Report

If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in easing policy.

09 Aug 2019 2:08 PM

Improving transmission remains key to the success of the latest RBI rate cut.

Will RBI repo rate cut benefits be passed on to you by banks?

Banks reduced their weighted average lending rates on fresh rupee loans by 0.29 pc amid the current easing stage so far.

08 Aug 2019 12:43 PM

RBI may go for 25 bps rate cut on Wed for 4th time in row

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

Government did not intend to review the budget proposal for overseas sovereign borrowings, says Nirmala Sitharaman. (Photo: ANI)

FM Sitharaman seeks more rate cuts, says no review on overseas borrowing plan: report

India’s benchmark 10-year bond yield was down 10 bps at 6.43 per cent after falling to 6.42 per cent.

29 Jul 2019 11:14 AM

RBI Governor Shaktikanta Das. (Photo: File | PTI)

Das says change in stance as good as additional 25-basis-point rate cut: reports

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

A reduction in the GST rates would go a long way in maintaining the price competitiveness of the industry.

Auto industry united in seeking GST rate cut on vehicles: SIAM

Commercial vehicle as well as two and three-wheeler manufacturers are united in seeking lower GST on vehicles.

22 Jun 2019 11:56 AM

RBI needs to go for larger rate cut in June: SBI report

RBI had cut the key short-term lending rate (repo) by 25 basis points each in its last two policy reviews.

14 May 2019 8:26 PM

Governor Shaktikanta Das publicly asking them to do more to pass rate cuts to the borrowers, bankers affirmed their commitment to work on the same.

Despite second RBI action, bankers non-committal to cut rates

The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.

05 Apr 2019 8:40 AM

RBI holding out a neutral stance is surprising and that RBI has perhaps used up its legroom for rate cut for now.

Most analysts expect another rate cut in June

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

More than 85 per cent of nearly 70 economists polled over the past week forecast the RBI would cut its benchmark lending rate, the repo rate, to 6.00 per cent on April 4.

RBI to cut rates again before vote; BJP victory best for economy: report

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

Will meet bank heads on Feb 21 on transmission of rate cut: Shaktikanta Das

Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.

18 Feb 2019 1:12 PM

Two-thirds of 65 economists expected the RBI to hold the repo rate at 6.50 per cent. (Photo: FIle)

RBI likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

05 Feb 2019 10:53 AM

The DGAP gives its report to the NAA for further action, which may include fine and extreme penalty like cancellation of registration.

DGAP finds Nestle profiteered Rs 100 cr, company deposits money in fund

Nestle India, in an e-mailed response, said it as a responsible corporate citizen has passed on the benefits of GST to consumers.

22 Oct 2018 5:24 PM

The CPI inflation fell to a 4 month low of 4.44 per cent in February.

Inflation fears overdone; rate cut likely in August: report

Inflation risks are overdone and March inflation is likely at 4.2 per cent, down from December's 5.2 per cent.

28 Mar 2018 2:25 PM

Fiscal deficit estimate for 2017-18 has been re-calibrated to 3.5 per cent as against 3.2 per cent of the budget estimate for that year. (Photo: AFP)

Inflation risks overdone; RBI rate cut likely in Aug: report

RBI in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 pc and reverse repo at 5.75 pc.

03 Feb 2018 11:21 AM

1 of 6

Columns

Shobhaa De

rate cut