Rate Cut
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GST, rate cut hopes and firm global cues provide Sensex a 400-point boost
Mar 30, 2016, 06:16 PM ISTKey benchmark index BSE Sensex today surged over 400 points while the broader index NSE Nifty reclaimed 7,700 mark in trade mainly on account of firm global cues and buying in frontline bluechip counters.
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Markets bet big on RBI rate cut, Sensex rallies over 777 points
Mar 01, 2016, 04:10 PM ISTNew Delhi: Finance Minister Arun Jaitley's decision to stick to the fiscal deficit targets of 3.9 per cent and 3.5 per cent for this year as well as the 2016-17 financial year respectively has sent markets
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SBI cuts lending rate by 0.4% to 9.3%
Sep 30, 2015, 12:04 PM ISTMumbai: Soon after reduction in repo rate by the Reserve Bank, country's largest lender State Bank of India (SBI) on Tuesday slashed minimum lending or base rate by 0.4 percent to 9.3 percent, setting the
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Raghuram Rajan should be sacked if he doesn't cut rates : Swamy
National | Sep 28, 2015, 08:59 PM ISTNew Delhi: Bharatiya Janata Party's firebrand leader Subramanian Swamy has said that Prime Minister Narendra Modi must instruct Reserve Bank of India (RBI) Governor Raghuram Rajan to either cut rates or be ready to be
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RBI has not shut its door on rate cut: Raghuram Rajan
Jun 06, 2015, 08:36 AM ISTNew Delhi: RBI Governor Raghuram Rajan on Friday said the central bank has not shut its door on rate cut and will take a view depending upon the evolving situation with regard to monsoon and
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RBI monetary policy review today; industry waits for rate cut
Jun 02, 2015, 07:27 AM ISTNew Delhi: With inflation and fiscal deficit under control, bankers and industry leaders expect the Reserve Bank to lower its key policy rate today to support economic activity and boost investment.The wholesale price index based
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Oriental Bank cuts fixed deposit rates by up to 0.50%
Jan 20, 2015, 12:39 PM ISTNew Delhi: Four days after rate cut by the RBI, Oriental Bank of Commerce (OBC) today slashed fixed deposit rate across various maturities by up to 0.50 per cent.The bank would also look at cutting
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After rate cut, RBI asks banks to review lending rate quarterly
Jan 20, 2015, 08:04 AM ISTMumbai: Following its interest rate cut last week after nearly two years, the Reserve Bank of India (RBI) on Monday asked banks to notify the base, or minimum, lending rate at least once every three
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Rate cut by banks imminent: Top bankers
Jan 15, 2015, 01:06 PM ISTNew Delhi: Welcoming RBI's decision to cut rates, top lenders SBI and ICICI Bank have said the much-awaited lowering of lending and deposit rates would “definitely” take place now.While refraining from giving any specific timeline
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'Make in India': Jaitley hits back at Rajan
Dec 30, 2014, 03:11 PM ISTNew Delhi: It looks like that the RBI Governor Raghuram Rajan's working style has been putting the NDA government under a lot of pressure - resulting in an open tussle between Finance Minister, Arun Jaitley
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Lone ranger Rajan fights for RBI autonomy amid rate cut rants
Dec 21, 2014, 02:14 PM ISTMumbai: Raghuram Rajan says he is neither Superman nor James Bond, but he appears to have emerged as a 'lone ranger' -- fighting persistent rate cut demands, "schizophrenic" attempts to weaken RBI and even rumours
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Falling rupee may spook rate cut hopes, says SBI
Dec 18, 2014, 09:54 AM ISTMumbai: The continued weakening of the rupee driven by external factors is likely to delay any interest rate cut by the Reserve Bank of India, according to a survey."We believe that prolonged weakening of the
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Sharp dip in factory output, low inflation puts pressure on RBI to cut rate
Dec 14, 2014, 11:43 AM ISTNew Delhi: In a fresh setback, industrial production saw the sharpest contraction in three years of 4.2 per cent in October, though retail inflation dipped to 4.3 per cent, putting pressure on RBI to cut
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RBI opts for status quo, promises rate cut if inflation drops
Jun 03, 2014, 06:40 PM ISTMumbai: The Reserve Bank today kept interest rates unchanged but unlocked about Rs 40,000 crore of banking funds by cutting the SLR and promised to ease rates if inflation softens at a faster pace.This is
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Non-subsidised cooking gas rate cut by over Rs.23 a cylinder
India | Jun 03, 2014, 07:46 AM ISTNew Delhi: With a lowering of international crude oil prices and strengthening of the rupee, oil marketing companies (OMCs) Monday cut the price of non-subsidised cooking gas, which customers buy after using up their quota
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Pass on rate cut benefit to borrowers: FM tells banks
Jun 06, 2013, 04:41 PM ISTNew Delhi, June 6: Seeking to push investment to boost growth, Finance Minister P. Chidambaram on Thursday asked banks to pass on the RBI's rate cut benefit to both retail and corporate borrowers.“In fact, the
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Sensex falls 161 points, GDP growth dims rate cut hopes
Aug 31, 2012, 07:37 PM ISTMumbai, Aug 31: The Sensex today dropped nearly 161 points to close at a fresh four-week low on selling across sectors even as GDP growth at 5.5 per cent beat estimates but it dashed hopes
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RBI Signals Rate Cut To Boost Growth
Apr 16, 2012, 09:23 PM ISTMumbai, Apr 16: Signaling interest rate cut to boost economy at its annual credit policy tomorrow, the Reserve Bank said it would shift the focus to arresting declining growth while keeping inflation under control. “Inflation
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EPF Rate Cut From 9.5 Per Cent To 8.25 Per Cent For 2011-12
Mar 15, 2012, 11:10 PM ISTNew Delhi, Mar 15: Government today slashed interest rate on deposits in Employees Provident Fund from 9.5 per cent to 8.25 per cent for 2011-12 affecting over 4.7 crore subscribers.This cut was proposed by the