Saturday, Apr 20, 2024 | Last Update : 02:51 PM IST
reserve bank of india Page-8
Banks cut rates, to roll out repo-linked loans
Bank of India said that it has cut the one-year MCLR where more than 80 per cent of its loan book sits by 25 bps, effective August 10.
10 Aug 2019 1:24 AM
Reserve Bank of India survey shows Indian companies are stressed over finance
Companies are very despondent about the cost of capital. They are also less cheerful than earlier on availability of funding.
08 Aug 2019 4:04 PM
RBI cuts rate 0.35 per cent, EMIs set to fall
The 35 basis points (bps) cut in the repo rate is unusual, as the RBI has been changing the interest rate by 25 or 50 bps in the past.
08 Aug 2019 2:04 AM
RBI cuts rate 0.35 per cent, EMIs set to fall
The RBI itself has reduced its growth estimate down to 6.9 per cent for FY20, from the seven per cent it had projected in its June policy.
08 Aug 2019 1:59 AM
As it lowers rate, RBI sees hard days ahead
The economy needs to be pumped up as every sector from automobiles to agriculture is seeing a slowdown.
08 Aug 2019 12:00 AM
RBI cuts risk weight on consumer loans to 100 per cent
On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement said.
07 Aug 2019 7:35 PM
RBI to cover all repetitive bill payments under Bharat Bill Payments System
A detailed guideline in this regard will be issued by September-end.
07 Aug 2019 3:00 PM
RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown
The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.
07 Aug 2019 1:36 PM
EMIs likely to come down as RBI cuts interest rate by 35 bps
The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.
07 Aug 2019 12:49 PM
Experts hope another 25 bps rate cut by RBI
Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.
06 Aug 2019 5:54 PM
Consensus for 25 bps rate cut, ‘accommodative’ stance
Experts see the slowdown of global economic growth and lack of impetus in domestic inflation as reasons for a 25 bps rate cut.
06 Aug 2019 1:12 AM
Bankers agree to take steps to review interest rates: FinMin
Banks need to commensurately transmit rate cut benefit in lending, said an official release.
05 Aug 2019 8:27 PM
RBI may go for 25 bps rate cut on Wednesday: Report
Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.
05 Aug 2019 4:50 PM
India seen set for fourth interest rate cut of 2019
Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.
02 Aug 2019 4:19 PM
Bombay HC seeks RBI reply on changes in currency, coins
The petition claimed that frequent changes in currency and coins made it difficult for visually impaired persons to identify and distinguish them.
02 Aug 2019 3:25 AM
RBI relaxes external commercial borrowing norms for corporates, NBFCs
ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general corporate purposes.
31 Jul 2019 10:00 AM
Former RBI deputy governor Subir Gokarn passes away
In November, 2015, Gokarn was appointed as an executive director on the board of the IMF.
31 Jul 2019 9:27 AM
Economic Affairs Secretary Chakraborty nominated on central board of RBI
The nomination of Atanu Chakraborty is effective from July 29 and until further orders, RBI said.
30 Jul 2019 7:12 PM
Higher tax for high earners may trigger fund flight: ex-RBI governor
Analysts and traders say this has been a major reason for foreign investors being net sellers from Indian equity markets.
29 Jul 2019 8:22 PM
Finance Minister Nirmala Sitharaman says no rethink on overseas sovereign bonds: report
I am not doing any review. I have not been asked by anybody to do a review, said FM Nirmala Sitharaman.
28 Jul 2019 2:20 PM
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