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Reserve Bank of India

RBI to keep rate unchanged,policy to be less hawkish

56 of 60 surveyed, expected the committee to leave the repo rate, its main policy rate.

31 May 2017 5:08 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

'RBI unlikely to cut rates; to be less hawkish at next policy'

MPC may choose to observe the actual progress of the monsoon and the adjustment during the transition to the GST.

29 May 2017 2:49 PM IST

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 July 2017 7:27 PM IST

MCLR for the 3-month period has been decreased by 0.8 percentage points to 8.40 per cent.

UCO Bank cuts lending rate by up to 0.8 per cent

MCLR for the 3-month period has been decreased by 0.8 percentage points to 8.40 per cent.

10 Jan 2017 4:27 PM IST

RBI Governor Urjit Patel

RBI to go for 25 bps rate cut in 2017: Citigroup

Global financial services major says monetary easing support to rates is waning as mantle is passed on to fiscal policy.

10 Jan 2017 4:16 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

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 July 2017 1:17 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

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 July 2017 1:25 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

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 July 2017 4:29 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

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 July 2017 10:28 AM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Builders pinning hopes on rate cuts for revival in 2017

The realty space remained weak even this year as housing sales fell on low demand and adverse impact of junking of old...

29 Dec 2016 1:59 PM IST

The governments recent decision to provide interest rate relief to home buyers and to those who wish to plan a home in 2017.

DHFL cuts home loan rates by 0.5 per cent

Reduction rates on home loan for various maturities will vary from 8.60 per cent to 9.10 per cent.

5 Jan 2017 9:37 AM IST

After revision, the one-year MCLR comes down to 9 per cent, while the one month and three month MCLRs will be 8.25 per cent and 8.40 per cent, respectively.

Kotak Mahindra Bank cuts MCLR by up to 0.45 pc

Banks have moved to MCLR as their new benchmark lending rate from April 2016, replacing the base rate system for new...

2 Jan 2017 3:21 PM IST