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The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI may cut rates in December: report

A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.

24 Oct 2019 1:10 PM IST

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 7:03 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI lowers rates on non-repo-linked loans by 10 bps

The rate reduction is not applicable to the repo-linked loans.

9 Oct 2019 10:46 AM IST

Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Loans to become cheaper after RBI cuts interest rate to a decade low

RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.

4 Oct 2019 4:11 PM IST

India Incs revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.

India Inc welcomes RBI move; says rate cut will spur growth

The industry emphasised that it was now critical for banks to facilitate a faster transmission of rate cuts.

4 Oct 2019 3:51 PM IST

Reserve Bank of India (RBI)

RBI cuts repo rate by 0.25 per cent to support growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

4 Oct 2019 12:08 PM IST

Reserve Bank of India

RBI likely to cut policy rate on Friday to boost economy

RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.

3 Oct 2019 5:50 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

India central bank set to cut rates again as fiscal measures fail to...

With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.

2 Oct 2019 2:41 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

'RBI to cut rates by 40 bps by Feb despite high inflation'

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the...

14 Nov 2019 4:04 PM IST

Onions may not be a staple , at less than one per cent of Indias total food production, or about 800 grams a month per person per month on average, but the bulb is not inessential.

High onion prices figured prominently in RBI MPC meeting, minutes show

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing...

19 Dec 2019 7:37 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI to retain dovish bias going forward: report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

7 Dec 2019 10:46 AM IST

Union Economic Affairs Secretary Shaktikanta Das (Photo: PTI)

No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their...

5 Dec 2019 5:48 PM IST