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  RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25

  Business | December 06, 2024 14:13 IST

  Terming the growth much lower-than-anticipated, RBI Governor Shaktikanta Das exuded confidence that high-frequency indicators available so far suggest that the slowdown in domestic economic activity bottomed out in Q2:2024-25.

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  Cash reserve ratio of all banks reduced by 100 basis points to 3 pc for a period of 1 year: RBI Guv

  Business | March 27, 2020 13:12 IST

  RBI Governor Shaktikanta Das on Friday announced a reduction in the Cash Reserve Ratio (CRR) of all banks by 100 basis points to 3% of Net Demand and Time Liabilities with effect from the fortnight beginning March 28 for a period of 1 year.

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  Relief for banks, RBI withdraws incremental CRR of 100 pc

  December 07, 2016 18:23 IST

  In a welcome move, the six-member Monetary Policy Committee (MOC) headed by RBI Governor Urjit Patel today decided to withdraw the incremental cash reserve ratio (CRR) on deposits between September 16 and November 11.

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  Demonetisation: RBI’s surprise move to suck liquidity could delay cut in interest rates

  November 28, 2016 20:17 IST

  The RBI on Saturday announced an incremental cash reserve ratio (CRR) of 100 per cent for banks, ordering them to deposit their extra cash with the central bank.

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  RBI to hold rates on Tuesday; cut likely in September

  July 31, 2015 14:12 IST

  New Delhi:  Reserve Bank is likely to pause on rates at its ensuing meeting next week, but may go for a rate cut by the end of the year, as further clarity on the monsoon

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  RBI cuts repo rate by 25 bps, EMIs set to fall

  January 15, 2015 17:48 IST

  New Delhi: In a surprise move, the Reserve Bank of India (RBI) today slashed the repo rate by 25 bps to 7.75 per cent with a view to boost growth.Read full statement of Raghuram G

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  Assocham expects 0.25% cut in policy rate

  October 27, 2013 20:32 IST

  New Delhi: Reserve Bank of India is likely to cut interest rate by 0.25 percent in its upcoming policy review as inflation is high, industry chamber Assocham said."Both CPI and WPI at the heightened level.

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  CRR, SLR could come down further: D. Subbarao

  August 13, 2013 15:08 IST

  New Delhi: Outgoing RBI Governor D Subbarao, who had disagreed with bankers' call to further trim the cash reserve ratio or pay interest on these deposits, and cut SLR, today said "perhaps" there is a

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  RBI may effect 0.25-0.5% cut in CRR on Tuesday, says ICRA

  October 26, 2012 18:19 IST

  Mumbai, Oct 26: Ratings agency ICRA says the Reserve Bank may consider a cut in the cash reserve ratio (CRR) by up to 0.50 per cent in its forthcoming monetary policy but felt credit growth

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  RBI cuts CRR, lending rates untouched

  September 17, 2012 13:59 IST

  Mumbai, Sep 17: Taking a cautious stance, the Reserve Bank of India today cut CRR by 0.25 per cent but refrained from reducing lending rates in view of high inflation.  The cut in cash reserve

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  SBI expects Reserve Bank to cut CRR by 1 pc

  June 12, 2012 14:02 IST

  New Delhi, June 12: Amid economic slowdown and contracting growth in the manufacturing sector, the country's largest lender SBI said it expects 1 per cent cut in Cash Reserve Ratio (CRR) -- the portion of

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  Liquidity tight, need to cut CRR to bring down rates, says SBI chief

  May 29, 2012 21:52 IST

  Chennai, May 29: Admitting that liquidity conditions were tight, State Bank of India Chairman Pratip Chaudhuri today made a case for reduction of the Cash Reserve Ratio (CRR) by the Reserve Bank to bring down

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  Interest Rates Likely To Come Down In Coming Months, Says Pranab

  March 18, 2012 21:43 IST

  New Delhi, Mar 18: The government is expecting lower interest rates in the coming months as it looks at policy reversal by the Reserve Bank in the wake of moderation in inflation.“... the fact that

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  RBI Raises Key Rates; FM Says May Impact Short-Term Growth

  India | November 02, 2010 20:06 IST

  Mumbai, Nov 2: Hardening its stance on inflation, RBI today raised some key policy rates prompting Finance Minister Pranab Mukherjee to caution that it could have some short-term negative impact on growth. The apex bank