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  RBI cuts interest rates: Here's how they affect you

  January 15, 2015 19:20 IST

  New Delhi: The Reserve Bank of India today slashed repo rates, the level at which it lends to commercial banks, by 25 basis points to 7.75 per cent with immediate effect. While it will certainly

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  2015 will see a total rate cut of 0.75%: BofA-ML

  January 06, 2015 14:50 IST

  New Delhi: The year 2015 is likely to see lower rates to support growth and the Reserve Bank is expected to cut key policy rates by 0.25 per cent in February's monetary policy review meet,

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  Arun Jaitley to meet RBI Governor Raghuram Rajan for cutting interest rate

  December 01, 2014 11:47 IST

  New Delhi: Ahead of the Central bank's bi-monthly monetary policy review, Finance Minister Arun Jaitley will today urge RBI Governor Raghuram Rajan to cut interest rate.In order to boost the economy, particularly when the inflation

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  Private sector output drops for fifth successive month: HSBC

  December 04, 2013 16:29 IST

  New Delhi: The services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction, an HSBC survey said. The HSBC/Markit Purchasing Managers Index for the

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  Rupee shrugs off initial setback to end almost flat vs dollar

  November 07, 2013 22:05 IST

  Mumbai: The rupee today fell to its lowest level in five weeks but recouped most of the losses to end almost flat at 62.41 against dollar ahead of European Central Bank's interest rate decision and

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  RBI hints at hike in interest rate to check price rise

  October 28, 2013 20:44 IST

  Mumbai: Reserve Bank Governor Raghuram Rajan on Monday hinted at increasing the key rate at the second quarter monetary policy review tomorrow, citing urgency to anchor inflationary expectations."With the normalisation of exceptional monetary measures under

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  RBI to hold rates on high inflation, supply side issues: D&B

  October 16, 2013 23:44 IST

  Mumbai:  With inflation expected to remain at an elevated level on account of pass through of rupee depreciation and supply side bottlenecks, the Reserve Bank is likely to maintain status quo in its upcoming monetary

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  Bankers say, lending rates to remain high in near term

  March 24, 2013 18:00 IST

  Mumbai, Mar 24 : Borrowers troubled by elevated interest rates will have to wait for a bit longer for relief as bankers have virtually ruled out any immediate cut in the lending rates, citing high

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  RBI Q3 monetary policy review today; rate cut expected

  January 29, 2013 9:54 IST

  Mumbai, Jan 29: An Interest rate cut is widely expected in the Reserve Bank of India (RBI)'s third quarter review of credit and monetary policy for the financial year 2012-13 on Tuesday after the government

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  Pranab expects RBI to adjust interest rates on Monday

  June 16, 2012 17:50 IST

  Mumbai, June 16:  Amidst expectations of interest rate cut by the Reserve Bank on Monday, Finance Minister Pranab Mukherjee today expressed confidence that the central bank would “adjust the monetary policy” to address the challenges

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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 On Small Savings Schemes Hiked By Up To 0.5 Per Cent

  March 26, 2012 20:52 IST

  New Delhi, Mar 26: The government today raised interest rates on post office-operated small savings like Monthly Income Scheme (MIS) and Public Provident Fund (PPF) by up to 0.5 per cent, making them more attractive

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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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  Interest Rates On Post Office Saving Schemes Increased

  November 11, 2011 20:33 IST

  New Delhi, Nov 11: In a bonanza to millions of small savers, the government today increased interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme and Public Provident Fund. 

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  Interest Rates To Remain High: SBI

  September 09, 2011 20:38 IST

  Chandigarh, Sep 9: Country's largest lender State Bank of India (SBI) has said that lending rates would continue to stay upward in the wake of spiraling inflation.“Interest rates are likely to remain high because inflation

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  Canara Bank Revises Interest Rates On Domestic-Term Deposits

  September 07, 2011 21:40 IST

  Bangalore, Sept 7: Canara Bank today said it has revised interest rates on domestic-term deposits with effect from tomorrow.The revised interest rate for maturity slab of 180 days to less than one year is 8.10