If the consensus is right, inflation will come in below the RBI’s medium-term target for 14 months in a row.
10 Oct 2019 3:31 PM
Indiabulls Housing Finance (IBHF) stock tumbled 18.02 per cent to trade at Rs 197 on the BSE.
10 Oct 2019 12:11 PM
Shares of the private sector lender rose 4.15 per cent to Rs 43.85 on the BSE.
07 Oct 2019 12:28 PM
The whole initiative is aimed at reducing the exchange risk for persons resident in India.
05 Oct 2019 1:50 AM
Compared to a repo rate of 135 basis points over the one year, banks have slashed their lending rates only by 29 basis points.
05 Oct 2019 1:46 AM
RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.
04 Oct 2019 4:11 PM
The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.
04 Oct 2019 12:08 PM
The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.
04 Oct 2019 11:54 AM
RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.
03 Oct 2019 5:50 PM
ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the bank as well as regulatory agencies.
02 Oct 2019 3:56 PM
With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.
02 Oct 2019 2:41 PM
The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.
01 Oct 2019 5:19 PM
RBI has put on PMC strict restrictions including limiting withdrawals at Rs 10,000 and banning it from lending for next six months.
01 Oct 2019 9:42 AM
Excluding the valuation effect, the increase in external debt would have been USD 12.4 billion instead of USD 14.1 billion.
01 Oct 2019 9:15 AM
PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.
30 Sep 2019 3:38 PM
Since December 2016, Kshatrapati Shivaji is working with the Asian Development Bank as an executive director.
30 Sep 2019 3:18 PM
However, economists differ on the quantum of the rate cut ranging from 15 basis points to 50 basis points.
30 Sep 2019 1:38 AM
The admission came in after a board member leaked the actual balancesheet details to the RBI, said a source.
29 Sep 2019 6:02 PM
RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.
29 Sep 2019 4:33 PM
Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.
29 Sep 2019 2:38 PM