Rbi Monetary Policy
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Coronavirus crisis: RBI hopes monetary, fiscal measures to spur eco activity once normalcy is restor
Business | Apr 09, 2020, 02:29 PM ISTObserving that it was difficult to make growth projections at this point of time, the Reserve Bank in its Monetary Policy Report said the lockdown following the outbreak of COVID-19 and expected contraction in global outlook would weigh heavily on the growth outlook.
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SBI announces 3-month EMI moratorium. Check how it impacts your loan
Business | Apr 01, 2020, 03:06 PM ISTSBI Loan Moratorium: State Bank of India (SBI), India's largest lender has good news for its customers, amid coronavirus crisis. SBI Bank has announced all its term loan borrowers a three-month moratorium for its customers under the terms of a COVID 19- RBI package announced on Friday. We bring to you complete details of SBI EMI moratorium.
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Coronavirus Pandemic: 'RBI has taken giant steps to safeguard our economy,' says PM Modi
India | Mar 27, 2020, 01:29 PM ISTPrime Minister Narendra Modi on Friday said the Reserve Bank of India (RBI) had taken giant steps to safeguard the economy from the impact of the coronavirus. The RBI cut the benchmark interest rate by 75 basis points to 4.4 per cent on Friday to deal with the hardship caused due to the outbreak of COVID-19.
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RBI Monetary Policy: Repo rate unchanged at 5.15%; elevated inflation anticipated
Business | Feb 06, 2020, 12:35 PM ISTRBI Monetary Policy: The Reserve Bank of India maintained its status quo by keeping repo rate unchanged at 5.15 per cent saying it will continue with the accommodative stance as long as it takes.
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RBI lowers economic growth forecast to 7% for FY20 | Updates
Business | Jun 06, 2019, 01:02 PM ISTAmid concerns of a slow down in the economy, the central bank lowered its gross domestic product (GDP) forecast to 7 per cent for the current fiscal from 7.2 per cent projected earlier.
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Sensex sheds 356 points, Nifty drops below 11,300-mark amid weak global cues
Business | Aug 02, 2018, 04:13 PM ISTThe 30-share Sensex stayed in the negative zone for the whole day and ended at 37,165.16, showing a loss of 356.46 points, or 0.95 per cent.
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RBI monetary policy: Key highlights
Business | Aug 01, 2018, 04:59 PM ISTFollowing are the highlights of the third bi-monthly monetary policy statement of 2018-19 issued today by the Reserve Bank of India:
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Sensex slips from record after RBI hikes rate on inflation concerns; bank, auto stocks drag
Business | Aug 01, 2018, 04:33 PM ISTFor the second time in two months, the RBI’s Monetary Policy Committee raised the benchmark lending rate by 0.25 per cent.
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RBI retains GDP growth forecast at 7.4 per cent for FY 2018-19
Business | Aug 01, 2018, 04:29 PM ISTAs per the RBI, the growth would be in the range of 7.5-7.6 per cent in first half of the fiscal and 7.3-7.4 per cent in October-March 2018-19 period "with risks evenly balanced".
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RBI expects food prices to drive retail inflation to 4.8% in second half of FY19
Business | Aug 01, 2018, 03:48 PM ISTOn MSP hike, RBI said there is a considerable uncertainty and the exact impact would depend on the nature and scale of the government's procurement operations.
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Key interest rate unchanged at 6%: 15 Highlights of RBI's 6th bi-monthly monetary policy statement
Business | Feb 07, 2018, 03:42 PM ISTAnnouncing the policy review, the RBI said its decision is consistent with the neutral stance of the central bank aimed at achieving its median inflation target of 4%.
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Highlights of RBI monetary policy
Dec 02, 2014, 01:09 PM ISTNew Delhi: Following are the highlights of RBI's bi-monthly monetary policy statement:Short-term lending (repo) rate unchanged at 8 per centCash reserve ratio (CRR) unchanged at 4 per centStatutory liquidity ratio (SLR) retained at 22 per
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Finance Minister wants RBI to make cost of capital cheaper
Nov 23, 2014, 01:25 PM ISTNew Delhi: Finance Minister Arun Jaitley today pitched for an interest rate cut, expressing confidence that the RBI will move in the direction of making the cost of capital reasonable to help perk up economy."The
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RBI's monetary policy: A cautious but positive approach
Aug 05, 2014, 04:06 PM ISTPune: The monetary policy announced today indicates that the RBI is of keeping a close eye on inflation rather than facilitating growth just as yet. This makes sense. Globally, emerging markets (including India) continue to
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RBI keeps key rates unchanged, cuts SLR by 0.5%
Aug 05, 2014, 11:56 AM ISTMumbai: Concerned over impact of weak monsoon on food price, RBI today decided to keep the key policy rate unchanged but slashed statutory liquidity ratio (SLR) by 0.5 per cent to unlock about Rs 40,000
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Nifty sheds 44 pts as FMCG shares falter; all eyes on RBI
Oct 28, 2013, 10:43 PM ISTMumbai: Shares succumbed to heavy selling as investors turned cautious and booked profits in rate sensitive counters ahead of the RBI monetary policy, dragging the benchmark index Nifty down by 44 points on the National
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Rupee erases early gains, ends down 6 paise at 61.52 vs dollar
Oct 28, 2013, 09:38 PM ISTMumbai: In a range-bound session, the rupee trimmed initial gains and ended six paise lower at 61.52 against the dollar today, in line with a fall in local equities ahead of the RBI's policy review
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Monetary policy department will directly report to Governor: RBI
Jan 01, 2013, 10:46 PM ISTMumbai,Jan 1: The Reserve Bank of India (RBI) on Tuesday said the monetary policy department will directly report to Governor D. Subbarao till further orders as Subir Gokarn, who was handling it, retired from the