Rbi Rate Cut
-
RBI keeps repo rate unchanged at 4%, projects 10.5% GDP growth in FY22
Business | Feb 05, 2021, 11:44 AM ISTThe Reserve Bank of India (RBI) on Friday left interest rates unchanged at 4 per cent. This is the fourth time in a row when the RBI has left the rate unchanged.
-
RBI at end of rate cut cycle, govt needs to play decisive role for eco recovery: SBI economists
Business | Aug 21, 2020, 04:35 PM ISTThe Reserve Bank of India (RBI) had cut rates by 1.15 per cent in two moves since the onset of the pandemic in March this year in order to push economic growth, but surprised many by holding on to rates at the August review as inflation overshot its target.
-
RBI likely to continue with rate cuts at next week's review: Crisil
Business | Jul 31, 2020, 06:16 PM ISTThe Reserve Bank is likely to cut rates by 0.25 per cent at next week's policy review even though inflation remains on the higher side, domestic ratings agency Crisil said on Friday.
-
Equities to rise further as RBI expected to cut rates
Business | Sep 29, 2019, 12:51 PM ISTAccording to market observers, the monetary policy committee of the RBI is expected to go ahead and further reduce the key lending rate, to give further impetus to growth.
-
Sitharaman's BIG announcement: Home, vehicle loans to become cheaper. Here's how
Business | Aug 23, 2019, 07:37 PM ISTThe government has also decided to make necessary changes in PMLA rules and Aadhaar regulations to ease the lending process, Finance Minister Nirmala Sitharaman said.
-
SBI, Indian Overseas Bank reduce interest on home, auto loans post-RBI cut
Business | Apr 09, 2019, 08:14 PM ISTSBI reduced its MCLR by 5 basis points (0.05 per cent) across all tenors with the one-year MCLR coming down from 8.55 per cent per annum to 8.50 per cent per annum.
-
More rate cuts by RBI likely, if inflation remains low: Chanda Kochhar
Jan 23, 2015, 04:14 PM ISTNew Delhi: The Reserve Bank of India is expected to come out with more monetary easing in the coming months if inflation remains in the comfortable zone, top private sector lender ICICI Bank's chief Chanda
-
Banks start cutting lending rates following RBI's move
Jan 15, 2015, 07:23 PM ISTNew Delhi: Within hours of rate cut announced by RBI, United Bank has reduced the benchmark lending rate by 0.25 percent, while other banks including market leader SBI have indicated that they would follow suit.EMIs
-
Rate cut indicates shift in monetary policy stance: Arvind Subramanian
Jan 15, 2015, 10:18 AM ISTNew Delhi: Finance Ministry's Chief Economic Adviser, Arvind Subramanian on Thursday said the 25 basis points, or or 0.25 per cent, rate cut, indicates a shift in Reserve Bank of India's monetary policy stance.In a
-
RBI rate cut keeps Sensex hopes alive
Nov 23, 2014, 01:31 PM ISTMumbai: With the hope against hope of seeing the central bank cut key interest rates and following an encouraging set of inflation and factory output numbers, the Indian equities markets made healthy gains of more
-
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
-
RBI unlikely to cut interest rates in Dec policy review: SBI chief
Nov 21, 2014, 07:41 AM ISTNew Delhi: Ahead of the monetary policy review, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Thursday said RBI may leave interest rate unchanged in the next review but could soften its stance by
-
RBI to hold rates on Sept 30; may cut in Feb, says report
Sep 05, 2014, 05:48 PM ISTNew Delhi: The Reserve Bank of India is likely to hold the key interest rate in its policy review meeting later this month and is expected to lower that from February, says a Bank of
-
RBI hints at hike in interest rate to check price rise
Oct 28, 2013, 08:44 PM ISTMumbai: 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