Rate Cut | The Asian Age

Wednesday, Apr 24, 2024 | Last Update : 04:57 AM IST

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The Reserve Bank still has room to cut the key policy rate in the current fiscal, said veteran banker Naina Lal Kidwai.

RBI rate cut 'not good enough', more room for reduction: Naina Lal Kidwai

RBI's 0.25 per cent rate cut was the first in 10 months and brought policy rates to near 7-year low.

17 Aug 2017 2:39 PM

The new interest rates will be effective from August 19.

HDFC Bank cuts savings account interest rate by 0.5 per cent

Customers maintaining savings account balance of Rs 50 lakh and above will continue to earn interest at 4 pc per annum.

17 Aug 2017 12:21 PM

SBI had on July 31 slashed pricing for under Rs 1 crore saving deposits by 0.50 per cent to 3.5 per cent. (Photo: PTI/File)

Saving deposit rate cuts to lead to lower lending rates: report

A cut in the MCLR beyond 0.35 per cent would become a margin dilutive proposition.

13 Aug 2017 11:58 AM

The Pune-based Bank of Maharashtra stock closed unchanged at Rs 27.75 on BSE. (Repreentational Image)

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

07 Aug 2017 8:02 PM

Rate cut to boost private investment: Urjit Patel

The 0.25 per cent lowering of the repo rate to 6 per cent comes after a 10-month pause.

02 Aug 2017 7:21 PM

Banks should pass on the benefits to customers and the government should enforce and instruct banks to do so.

'RBI rate cut to boost housing sales this festive season'

Reduction in Repo rate will push the banks to further reduce the lending rates.

02 Aug 2017 6:20 PM

Retail inflation was at record low of 1.54 per cent in June.

RBI to keep retail inflation near 4 pc on 'durable basis'

Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.

02 Aug 2017 4:56 PM

RBI cuts key rate by 0.25 per cent; to lower home, auto EMIs

This is the first rate cut since October 2016 and the interest rate is now at 6-year low.

02 Aug 2017 3:01 PM

CPI inflation has undershot official projections consistently for the past six- seven months.

DBS expects RBI to cut its policy rates by 0.25 pc

Real interest rates are also high about 400 basis points compared to RBI's preference for 1.25-1.75 pc.

31 Jul 2017 1:17 PM

Reserve Bank is likely to cut the benchmark lending rate by at least 0.25 per cent in its third bi-monthly monetary policy.

RBI likely to cut rate on Aug 2 as inflation hits record low

A rate cut will give a push to credit growth which has been sluggish from last many quarters.

30 Jul 2017 1:25 PM

RBI may cut repo rate on Aug 2 on lowest inflation

The central bank headed by governor Urjit Patel last cut its key interest rate in October 2016.

28 Jul 2017 4:29 PM

Economic growth is expected to rise to 7.3 per cent in the fiscal year to March from 7.1 per cent in the previous year.

Once 'fragile' India gets thumbs up even as rates set to fall

Rate cuts are likely to be justified by lower inflation and higher-trend growth rates in India due to reforms.

28 Jul 2017 10:28 AM

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

DCB Bank cuts MCLR rates by up to 0.57 per cent

Banks have switched to MCLR as their new benchmark lending rate from June last year.

18 Jul 2017 7:27 PM

MPC headed by RBI Governor Urjit Patel will meet on August 1-2 for the third bi-monthly monetary policy review of 2017-18.

Pressure mounts on RBI to cut policy rate: Experts

MPC in its previous review in June had retained the repo rate at 6.25 per cent

16 Jul 2017 12:21 PM

Consumer inflation is basis for RBI to arrive at policy rate.

Consumer inflation at record low of 1.54 pc in June

Numbers even lower than RBI's medium term target; CPI was at 1.70 per cent in June.

12 Jul 2017 6:04 PM

SBI now has the lowest interest rate on one-year deposits. (Representational Image)

What SBI interest rate-cut to 6.75 per cent means for your deposits

SBI's deposit rate is currently the lowest in the Indian banking sector for one-year deposits up to Rs 1 crore.

05 Jul 2017 1:06 PM

RBI has cut its inflation forecast to 2.5-3.5 per cent from 4.5 per cent for the first half and 3.5-4.5 per cent from 5 per cent for the second half.

Inflation pain easing; 25 bps rate cut likely on Aug 2: BofAML

RBI rate cut call on August 2, with June CPI at 1.5 per cent with daily data showing food inflation falling.

04 Jul 2017 2:07 PM

Announcement of the GST council reducing GST on exclusive tractor parts has come as great relief to the farming community.

Tractor components GST rate cut to give relief to farmers: TMA

The GST Council yesterday cut tax rate on exclusive parts of tractors from 28 per cent to 18 per cent.

01 Jul 2017 5:56 PM

The finance ministry's stand is inflation has been consistently low warranting a rate reduction.

Consumption to propel India's GDP growth: Nomura

India lost the tag of the fastest growing economy to China in the March quarter with a GDP growth of 6.1 per cent.

28 Jun 2017 4:51 PM

MPC minutes reveal a strong case for rate cut in August: Analysts

Earlier this month, the RBI in its MPC meet had left the key repo rate unchanged at 6.25 per cent.

22 Jun 2017 1:31 PM

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Sanjeev Ahluwalia