Reserve Bank Of India (RBI)

Friday, Apr 19, 2024 | Last Update : 04:53 PM IST

Reserve Bank of India (RBI) Page-7

The Reserve Bank will pause at the next policy review and go in for a final 0.25 per cent rate cut in the December review.

RBI may pause in October before delivering rate cut in Dec: BofAML

RBI in its Monetary Policy Committee meet in August slashed repo rate by 0.25 per cent.

18 Aug 2017 5:41 PM

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

RBI said farmers can avail of short-term crop loans of up to Rs 3 lakh at subsidised interest rate of 7 per cent. Photo: PTI

Crop loans at 7 per cent for farmers, 4 per cent for 'prompt' payees: RBI

RBI advised banks to make Aadhaar linkage mandatory for availing of short-term crop loans in 2017-18.

17 Aug 2017 9:35 AM

‘Unusual’ cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTI

'Unusual' cash deposit of Rs 1.7 trillion made during demonetisation: RBI

According to an RBI paper, aggregate deposits grew by 14.5 per cent (y-o-y) between November 11 and December 30, 2016.

12 Aug 2017 12:47 PM

The Reserve Bank of India (RBI) on Thursday said it will pay Rs 30,659 crore dividend to the government for the year ended June 30.

RBI to pay Rs 30.6K crore dividend to government

RBI's dividend to the government is less than half of what it paid in 2016.

10 Aug 2017 8:27 PM

RBI has asked banks to periodically conduct vulnerability test.

RBI asks banks to periodically assess level of cyber security

According to RBI, the 'Wannacry' ransomware attacks this year harmed computers in two bank branches.

08 Aug 2017 6:55 PM

The Reserve Bank has asked banks to ensure customers' lockers remain safe.

Ensure safety of bank customers' lockers: RBI tells banks

CCI, in May, received a complaint alleging cartelisation among banks in respect of providing locker services to customers.

08 Aug 2017 5:22 PM

Senior Indian government officials say the Reserve Bank of India should have cut interest rates more aggressively on Wednesday.

Govt officials feel RBI should have cut rates by 50-75 bps

The RBI lowered its main policy rate by 25 basis points to 6 percent on Wednesday.

03 Aug 2017 6:02 PM

The Prime Minister needs to take leverage of his party’s presence in 18 of 29 states to make land reforms, acquire land, bring in companies and also aid labour reforms. (Photo: File)

RBI's rate-cut puts onus of economic growth back on Modi govt

Bad corporate loans, slow factory output, farm loan waivers and disruption of supply chain due to GST could disrupt India’s growth.

03 Aug 2017 12:19 PM

Sensex and Nifty registered losses at the open on Thursday.

Sensex, Nifty turn sluggish on weak Asian shares

Sectoral indices bank, FMCG, metal, power, realty, capital goods and IT slumped.

03 Aug 2017 10:38 AM

The Reserve Bank of India became the first central bank in Asia to cut policy rates in 2017.

RBI becomes first Asian central bank to ease policy rates in 2017

The RBI said reduced prices provided 'some space' for monetary policy accommodation.

03 Aug 2017 9:36 AM

Eminent banker Deepak Parekh said the Reserve Bank's decision to slash repo rate by 25 basis points is on expected lines and a good move for the economy.

Repo rate cut was expected and is a 'good move', says Deepak Parekh

RBI cut the key policy rate by 0.25 per cent to 6 per cent, citing reduction in upside risk to inflation.

02 Aug 2017 5:39 PM

The Reserve Bank on Wednesday said farm loan waivers by state governments could result in possible fiscal slippages. (Representational Image)

Farm loan waivers may lead to fiscal slippages, says RBI

RBI said that farm loan waivers are likely to compel a cutback on capital expenditure.

02 Aug 2017 5:26 PM

Knitwear exporters at nearby Tirupur on Wednesday urged banks to pass on the rate cut benefits to exporters who have been hit hard by GST. (Representational Image)

Knitwear exporters hit by GST ask banks for repo rate cut benefits

The association in Tirupur has already represented to all banks for enhancement of limit to ease the working capital blockage.

02 Aug 2017 5:10 PM

The Sensex on Wednesday slipped from life highs to end over 98 points lower at 32,477.

Sensex slips 98 points, Nifty retreats from record post RBI rate cut

The Reserve Bank of India on Wednesday slashed benchmark lending rate by 25 bps to 6 per cent.

02 Aug 2017 4:13 PM

The Reserve Bank of India on Wednesday slashed benchmark repo rate by 25 bps from present 6.25 per cent to 6 per cent.

Loans to get cheaper as RBI slashes repo rate by 25 bps to 6 per cent

In its June review meet, the MPC had held the repo rate citing the risk of fiscal slippages.

02 Aug 2017 2:29 PM

All eyes are on the Monetary Policy Committee's (MPC) announcement that will be made on Wednesday afternoon

RBI's monetary policy: Five things to keep an eye on at MPC meet

Experts predict a 25 bps cut in repo rate in the Monetary Policy Committee's review meet on Wednesday.

02 Aug 2017 12:10 PM

Rate cut hopes lifted markets to records on Wednesday as the Sensex surged 111 points to 32,687 and Nifty hit a life high of 10,138.

Sensex rallies 111 points, Nifty peaks at 10,138 on RBI rate-cut hope

Interest-sensitive stocks hogged the limelight ahead of RBI's policy rate outcome.

02 Aug 2017 10:34 AM

The Reserve Bank of India is likely cut its main policy rate on Wednesday by a quarter percentage point to a more than six and half years low after inflation slumped.

MPC meet today: RBI likely to slash repo rate by 25 bps

Proponents of more rate cuts argue these would make loans cheaper and help companies refinance their debt.

02 Aug 2017 10:22 AM

Reserve Bank of India on Monday said NRIs are restricted from buying further shares in Asian Hotels (West) Ltd.

RBI puts hold on NRIs buying more shares in Asian Hotels (West)

FIIs, NRIs and PIOs can invest in primary and secondary capital markets in India through Portfolio Investment Scheme.

01 Aug 2017 1:46 PM

7 of 9

Columns

Mohan Guruswamy